MSCI will publish its November 2026 Index Review on Wednesday after 5 p.m. ET, confirming whether Strategy will remain in its global equity indexes. The draft list already marks Strategy, Yellow Cake, Metaplanet, Skel Fjárfestingafélag and Upexi as deleted, with the changes taking effect on November 30. The screen focuses on operating assets and five financial ratios, with companies failing at least four ratios in two consecutive reporting periods becoming ineligible for MSCI indexes. A deletion would force funds tracking the indexes to sell MSTR by the November 30 close; JPMorgan estimated in November 2025 that this could generate $2.8 billion in outflows, although MSCI has published no forecast. Strategy held 850,364 bitcoin as of November 8, acquired at an average price of $75,456, and remains under scrutiny over whether it could be moved to a watchlist in the final decision.
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