Breaking! Strategy (MSTR) might be removed from the MSCI Index! Michael Saylor’s Bitcoin empire is facing a risk worth paying attention to. This time, it’s not about Bitcoin’s price or Strategy’s cost of holding BTC. It’s about MSCI Index inclusion criteria. If MSTR ends up being removed, passive funds tracking the index might be forced to sell their holdings. This isn’t retail investors shorting—it’s mechanical selling pressure triggered by index rules. But what I think is even more worth pondering is this: Strategy is no longer just an ordinary publicly traded company. It’s turning Bitcoin into the core of its corporate balance sheet. When a public company’s primary value comes from Bitcoin, should it still be considered a regular business, or is it more like a Bitcoin investment vehicle? That’s the real crux of this debate. In the short term, it’s about the risk of index fund outflows. In the long term, it’s about the institutional positioning of Bitcoin asset companies. For MSTR investors, this is definitely something to keep a close eye on. Latest update: As of October 16, MSCI has officially passed the new rules, but MSTR’s removal has not yet been confirmed. The final list is expected to be announced on November 11, with implementation after the market closes on November 30. The market estimates potential passive selling pressure of around $2.8 billion, but this has not yet occurred. November 11—keep an eye on whether MSCI officially removes MSTR.