MSCI index-exclusion rules send Strategy down as passive-fund selling risk rises

 

• MSCI announced the adopted methodology October 15 at 4:48 p.m. ET.
• The framework makes qualifying non-operating companies ineligible for global investable indexes.
• MSCI's August simulation specifically identified Strategy among three potential index deletions.
• Strategy was not formally deleted; MSCI's final list is due November 11.
• Any resulting removal takes effect November 30, creating passive-fund selling risk.
• Shares opened about 3.5% lower, then extended losses 6.25% intraday.
• Modestly lower Bitcoin and broad Nasdaq weakness amplified the company-specific decline.
• The 9.56% drop exceeded recent average ranges, matching a material structural catalyst.

https://finviz.com/stock?t=MSTR&p=d