[Related funds hold nearly $1.8 billion in MSTR, Strategy set to be removed from MSCI index] Odaily Planet Daily News: Market analyst Murphy posted on the X platform stating that MSCI officially approved new regulations on October 15, excluding non-operating companies that do not meet the standards from the global investable market index. Strategy has already been included in the proposed removal list during previous simulated screenings, with the final results to be announced on November 11 and effective on November 30. Related index funds hold approximately 13 million shares of MSTR, valued at nearly $1.8 billion, equivalent to 60% of its 30-day average daily trading volume. Murphy noted that Strategy's core logic lies in driving growth in net Bitcoin equity per share through capital operations, and its ability to continue functioning depends on market premiums and the extent of their contraction. MSTR's future performance will depend on three variables: Bitcoin price, net Bitcoin equity per share, and mNAV. As of the close on October 16, its mNAV stood at 1.08x.