MSCI will remove Strategy from its global standard indices, effective after the market closes on November 30.

According to the results of MSCI's November index review, Strategy (MSTR) will be removed from the MSCI Global Standard Indexes, including the MSCI USA Index, with the adjustment taking effect at the close of trading on November 30. On October 15, MSCI announced new rules: companies whose assets are primarily non-operating assets and which trigger at least four of the five financial criteria will no longer be eligible for inclusion. Following removal, funds tracking the relevant index will need to sell Strategy shares, but Strategy itself will not be required to sell Bitcoin.