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Strategy has safely weathered the Nasdaq 100 index adjustment, but still faces the risk of being removed from the MSCI index.

2025-12-13 12:59

According to Odaily Planet Daily, Strategy Inc. retained its position in the Nasdaq 100 index during this year's annual review, marking its first successful reinstatement since joining the index last December. Following its recent purchase of 10,624 BTC for approximately $962.7 million, Strategy's total holdings reached 660,624 BTC, worth nearly $60 billion. Despite remaining in the index, Strategy's stock price closed down 3.74% on the day and has fallen more than 15% over the past month.

MSCI is considering excluding companies with more than 50% of their total assets in crypto assets from its indices, a move that could affect Strategy as early as January. JPMorgan has warned that if MSCI implements this rule, passive funds tracking the index could be forced to sell up to $2.8 billion worth of Strategy stock. Strategy Executive Chairman Michael Saylor and CEO Phong Le have written to MSCI arguing that the company is an operating entity, not a passive investment vehicle.