Strategy Faces MSCI And Other Index Exclusion Risk With Up To $8.8 Billion In Outflows

In October, MSCI proposed removing companies like Strategy, whose digital assets make up at least 50% of total assets, from its global equity benchmarks. Analysts at TD Cowen and JPMorgan estimate that Strategy could face between $2.8 billion and $8.8 billion in share outflows if it is dropped from MSCI and other major indexes. The firm's executives warn that such exclusions could hinder access to around $15 trillion in passive capital and pressure the wider Bitcoin treasury segment.