Saylor says Strategy engages MSCI as index shakeup threatens major outflows
Crypto Briefing
Strategy is engaging with MSCI regarding potential exclusion from major indices, which could trigger billions in investment outflows.Summary
Strategy, led by Michael Saylor, is in discussions with MSCI concerning the possibility of being removed from major indices, with a decision expected on January 15. Analysts at JPMorgan estimate this exclusion could lead to outflows as large as $8.8 billion, significantly impacting investor demand driven by ETFs and benchmark-tracking products, and potentially hindering the company's future fundraising capabilities. Strategy's stock (MSTR) has experienced high volatility, recently dropping 33% over the past month amid market instability and Bitcoin's downturn, although it saw a temporary rebound. Despite confirming the dialogue with MSCI, Saylor expressed skepticism regarding the magnitude of the projected outflows.
(Source：Crypto Briefing)