MSCI wants to kick Strategy (MSTR.US) out of its index: $2.8 billion in passive selling pressurewhat's truly terrifying is the "buy-bitcoin flywheel" stalling?

Zhito Finance APP has learned that global index provider MSCI adopted new rules on October 15, under which, effective from the close on November 30, "non-operating companies" will no longer be eligible for inclusion in its Global Investable Market Index (GIMI), as part of the November index review; the final list of affected companies will be announced on November 11. Michael Saylor's Strategy (MSTR.US) the world's largest corporate Bitcoin holder and a constituent of both the MSCI USA and MSCI World indices appears on the potential removal list, with Japan's Metaplanet also included, while SharpLink and several other crypto treasury companies have been placed on the watch list.