**[Reuters: Strategy in Talks with MSCI Over Potential Index Exclusion]** According to Reuters, Strategy (NASDAQ: MSTR), the world's largest corporate holder of Bitcoin, is in discussions with index provider MSCI regarding a potential decision to exclude the company from the MSCI USA and MSCI World indices. MSCI is expected to make a decision by January 15, 2026. If the exclusion takes effect, it could trigger up to $8.8 billion in capital outflows, particularly from funds held through passive investment tools such as ETFs. Strategy's Executive Chairman Michael Saylor stated that the company is actively participating in the process but expressed uncertainty about JP Morgan's forecasted scale of capital outflows. Saylor also mentioned that the recent sharp decline in Bitcoin's price from its all-time high of $120,000 in October, coupled with the AI bubble and economic uncertainty, has put pressure on risk assets. Strategy's stock price has already fallen by over 37% this year. As a digital asset treasury company, Strategy provides investors with exposure to risk assets by holding cryptocurrencies. However, the recent market downturn may force similar companies to sell off assets, further exacerbating downward price pressure. **Related Reading:** MSCI Exclusion Controversy Sparks Short-Selling Alarm, Strategy Becomes the "Pressure Valve" of the Crypto Market