MSCI said it will remove Michael Saylor’s Strategy from the MSCI USA index after the market close on November 30, 2026, following a methodology update. Japan’s Metaplanet is also set to be removed from the MSCI Japan Small Cap index. Strategy’s removal does not mean its shares will be delisted from Nasdaq or require it to sell bitcoin.
JPMorgan analysts estimated potential outflows from Strategy’s stock at $2.8 billion, but their estimate used MSCI’s initial proposal, not its final methodology. Strategy said the removal would not materially affect its business.
