Strategy's stock price decline widened to 9.70%, now at $136.55
Odaily News: According to MSX.COM data, Strategy (MSTR) stock price decline widened to 9.70%, now at $136.55.
On the news front, MSCI plans to adjust its index inclusion criteria, screening out companies whose asset structures are more akin to investment funds through the proportion of operating assets and multiple financial indicators. As Strategy holds a large amount of Bitcoin, it has been listed as a potential candidate for removal, with the final affected list expected to be announced on November 11.
The market is concerned that if Strategy is removed from MSCI-related indices, passive funds tracking the indices may be forced to reduce their MSTR holdings, with potential selling pressure reaching billions of dollars, and impacting the company's strategy of continuously increasing its Bitcoin holdings through equity financing.

