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Removal from MSCI indexes pressures Strategy shares but doesn't force Bitcoin sales, says expert.

Market News
13 Nov 2026, 21:20 WIB
Tokenpost
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Bearish
Removal from MSCI indexes pressures Strategy shares but doesn't force Bitcoin sales, says expert.

TokenPost Strategy's removal from MSCI indexes may pressure its shares due to forced selling by index-tracking funds, but it does not require the company to sell its Bitcoin holdings. Analyst Scott Melker highlighted that the estimated forced outflows of $2.8 billion are small compared to daily trading volume and do not justify blaming the Bitcoin selloff solely on this event. The company remains listed on NASDAQ, and the exclusion from the index is different from a stock delisting or forced crypto sale. Melker also questioned MSCI's tightened eligibility criteria affecting asset-holding firms and noted no evidence that other index providers will follow suit. The immediate impact is selling pressure on Strategy shares, with no direct effect on Bitcoin itself.

Strategy's MSCI removal is the story's subject, with Pluang's market snapshot as of Nov 14, 2026 01:41 WIB showing mixed crypto performance: 22 of 50 major cryptocurrencies rose while 27 fell. BNB declined by 2.66% to Rp11.574.300 with a typical hold time of 91 days and a buy-heavy order activity of 76%. In contrast, EGLD rose 2.31% to Rp53.131 despite a strong sell order activity of 91%, and ENJ gained 2.23% to Rp389 with all orders on Pluang being buys and the longest hold time of 106 days.

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