[JPMorgan: Risk of Strategy Being Removed from MSCI Index Already Priced In] JPMorgan stated that the potential risk of Strategy Inc. being removed from the MSCI index has already been fully reflected in its stock price. Although MSCI's decision may lead to passive fund outflows, it could also serve as a catalyst for a stock price increase. As the world's largest corporate holder of Bitcoin, Strategy Inc. holds approximately $60 billion worth of Bitcoin, facing pressures from declining token prices and limited cash reserves. Market concerns over its potential sale of crypto assets have intensified the selling pressure in the current cryptocurrency market, which is characterized by thin liquidity and weak demand.