Dear all,
MSCI officially moves to remove Michael Saylor’s Strategy from its global indexes, starting November 30.
MSCI will now treat companies like Strategy as “non-operating” and ineligible for its indexes. Strategy is on MSCI’s list of potential deletions, alongside Bitcoin treasury firm Metaplanet.
JPMorgan previously estimated Strategy could face about $2.8 BILLION of selling if dropped from MSCI indexes.
Regards
James