MSCI confirmed it will remove Strategy's Class A shares from its global equity indexes effective after November 30, prompting potential passive fund selling estimated up to $2.8 billion. This follows MSCI's new rules excluding companies holding large cryptocurrency reserves from conventional indexes. Strategy, the largest public Bitcoin holder with 850,364 BTC, faces pressure as lower share prices could hinder future capital raising. The decision also affects other crypto treasury firms, challenging the valuation model that relies on premiums above Bitcoin holdings' value.
Strategy stock faces potential passive fund outflows up to $2.8 billion following MSCI's removal of its Class A shares from global equity indexes. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 12, 2026 19:31 WIB: out of 50 priced major cryptocurrencies, 7 rose and 41 fell. Notable movers include CRV at Rp4.277 with a 1-day change of -4.64% and 100% buy order activity, GRT at Rp307 with -4.02% change and 92% sell order activity, and SAND at Rp742 with -3.92% change and 75% sell order activity.
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