Buy Crypto Markets Spot FuturesGOLD Earn Event Center

Strategy, the Bitcoin treasury pioneer (ticker MSTR) is currently included in major indices such as the Nasdaq-100, MSCI USA, and MSCI World.Strategy, the Bitcoin treasury pioneer (ticker MSTR) is currently included in major indices such as the Nasdaq-100, MSCI USA, and MSCI World.

‘Conviction in Bitcoin is unwavering’: Saylor rebuts MSCI removal risk amid Strategy stock selloff

Author: The Block

Source: The Block

2025/11/22 00:49

3 min read

MAJOR$0.0625-0.77%

For feedback or concerns regarding this content, please contact us at [email protected]

As his company's share price keeps falling, Strategy chairman Michal Saylor has struck a defiant tone for the second time in as many weeks.

In a post on X Friday morning, Saylor addressed the possibility of Strategy (ticker MSTR) being removed from major equity indices by the MSCI. The Bitcoin treasury pioneer is included in major indices such as the Nasdaq-100, MSCI USA, and MSCI World.

"Strategy is not a fund, not a trust, and not a holding company," Saylor said. "We’re a publicly traded operating company with a $500 million software business and a unique treasury strategy that uses Bitcoin as productive capital."

Last month, MSCI said it is reviewing whether to exclude digital asset treasury companies from its indexes, with a decision expected by Jan. 15, 2026. In a note out this week, JPMorgan analysts said Strategy could see about $2.8 billion in outflows if MSTR is removed from those equity indices, and another $8.8 billion if other index providers follow.

As of its latest purchase, Strategy holds a total of 649,870 BTC bought for a total cost of around $48.4 billion. The firm now holds more than 3% of Bitcoin's total 21 million supply. The price of bitcoin is now down about 24% over the past month, which JPMorgan analysts attribute largely to retail selling of spot bitcoin and ether ETFs.

"If MicroStrategy is excluded from these indices, it could face considerable pressure to its valuation given that passive index-tracking funds represent a substantial share of its ownership," the analysts wrote.

As Saylor continues to buy, Strategy investors continue to sell. MSTR shares are down about 13.5% over the past week and nearly 44% over the past month. At the time of publication, the stock traded around $173.50 per share — down from an all-time high of over $450 set in July.

"No passive vehicle or holding company could do what we’re doing. Index classification doesn't define us," Saylor said. "Our strategy is long-term, our conviction in Bitcoin is unwavering, and our mission remains unchanged: to build the world’s first digital monetary institution on a foundation of sound money and financial innovation."

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

Market Opportunity

Major Price(MAJOR)

$0.06252

$0.06252$0.06252

+0.66%

USD

Major (MAJOR) Live Price Chart

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

Tags:

#DeFi #ETF #DEX #Index