[Strategy Retains Nasdaq 100 Seat but Faces MSCI Exclusion Risk] Strategy retained its seat in this year's Nasdaq 100 index adjustment. Recently, Strategy purchased approximately 10,624 BTC for about $962.7 million, bringing its total holdings to 660,624 BTC, valued at nearly $60 billion. Strategy's stock price fell 3.74% on the day and has dropped over 15% this month. MSCI is considering excluding companies whose crypto assets exceed 50% of total assets, which could impact Strategy as early as January next year. JPMorgan warned that if implemented, passive funds might be forced to sell $2.8 billion worth of Strategy stock. Strategy executives have written to MSCI, arguing that Strategy is an operating entity.
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