Odaily reports that Bitcoin Treasuries posted on X that JPMorgan disclosed an increase of 224,545 shares in Strategy, with a transaction amount of $25.5 million. After the increase, JPMorgan holds a total of 848,932 shares in Strategy, valued at $97.1 million, representing a 36% increase in its stake.

According to MSX market data, Strategy (MSTR.O) is down 4.3% in US pre-market trading. According to Jinshi Data, MSCI plans to remove the company from its global indexes.In addition, CoreWeave (CRWV.O) is down 7% in US pre-market trading. According to Jinshi Data, the company plans to issue at least $4 billion in investment-grade loans.

Odaily Report: Global index provider MSCI has removed Japanese Bitcoin treasury company Metaplanet from its Japan Small-Cap Index. Metaplanet CEO Simon Gerovich stated that this adjustment will not have a significant impact on the company's business or Bitcoin strategy. Strategy co-founder Michael Saylor previously criticized MSCI for applying biased value judgments toward digital assets.Additionally, MSCI has decided to remove Bitcoin treasury company Strategy from its MSCI USA Index. This adjustment is part of MSCI's November 2026 index review, with the new changes set to take effect after market close on November 30. MSCI previously announced that it would remove companies classified as non-operating businesses under a new framework.The removal could trigger passive funds tracking the relevant indices to sell off Strategy shares, further pressuring its Bitcoin accumulation financing model. Strategy primarily raises capital by issuing common stock, preferred stock, and other securities at a premium to fund continuous Bitcoin purchases. JPMorgan estimated last year that if Strategy were removed from the relevant indices, it could trigger up to $2.8 billion in stock selling, and if other indices follow suit, the potential sell-off could grow to as much as $8.8 billion. (Bloomberg)

Odaily reports that OKX and ICE will launch 24/7 tokenized stock trading on November 23.Crypto trading platform OKX and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, will launch tokenized stock trading on November 23, allowing eligible U.S. users to trade around the clock. The platform will operate under a temporary innovation exemption from the U.S. Securities and Exchange Commission (SEC); 67 companies had objected to their stocks being listed on the platform, including JPMorgan Chase, McDonald's, SpaceX, and Coca-Cola.OKX expects the platform to list more than 70 assets, including 59 exchange-traded funds (ETFs), as well as tokenized stocks of Coinbase, Circle, BitGo, Robinhood, and Strategy, along with Strategy preferred shares. As of November 11, the total value of tokenized stocks and ETFs reached $3.88 billion, up 13.4% over the past 30 days.A study by the International Monetary Fund (IMF) found that tokenized stocks are about 1.5 times more volatile than their counterparts in traditional markets; decentralized exchanges have the weakest liquidity, with prices deviating further from traditional market prices than those on centralized exchanges. The IMF also warned that the integration of blockchain trading and settlement could weaken market safeguards that buffer shocks.Nasdaq warned in a January filing that tokenized stocks trading on platforms outside traditional trading systems could fragment liquidity and make it harder for investors to obtain the best prices. Andrew Cuomo, co-chair of OKXICE and former governor of New York, said investors will enjoy the same rights, protections, and ownership as the underlying stocks. (Cointelegraph)

Odaily: Michael Saylor posted on X platform that Bitcoin is digital capital, and Strategy transforms it into digital credit and digital equity. Bringing STRC and MSTR on-chain is another step toward a never-closing capital market.

Odaily reports that QCP Capital has released a macro market analysis report, noting that Trump has temporarily suspended a new round of military strikes against Iran but will continue to maintain the blockade. After meeting with Qatar's Prime Minister on November 9, Trump stated that military action was temporarily paused, but significant differences remain between the two sides and no agreement has yet been reached. Brent crude settled at $92.57 per barrel, down 5.85% in a single day, and has since fallen further, now approximately 18% below its October 30 level.On global monetary policy, the Reserve Bank of Australia raised rates to 4.85% by a 6-3 vote but removed its policy bias regarding further rate hikes if necessary; the Bank of England raised rates to 4% by an 8-1 vote. The Bank of Canada and the Bank of Japan both held rates steady, but market pricing for rates in both countries was still marked lower. Canada's employment fell by 4,700, below market expectations of a 14,000 increase; Japan's Nikkei 225 index fell 6%, and the yield on Japan's 2-year government bonds dropped 12.8 basis points.In the AI industry, the U.S. Democratic Party won both chambers of Congress and 5 governor seats. It is estimated that 59% of the data center capacity currently planned for construction in the United States will face new restrictions or higher approval thresholds.In the crypto market, Strategy purchased 1,036 BTC for $81.9 million while repurchasing $188.3 million worth of STRC preferred stock, a repurchase size about 2.3 times its Bitcoin purchase expenditure, funded in part by the sale of $283.8 million worth of MSTR shares. In addition, between November 2 and 6, spot Bitcoin ETFs recorded cumulative net outflows of $1.2324 billion.QCP Capital concluded by raising the key questions the market needs to watch going forward: whether falling oil prices can continue to ease rate hike pressure, or whether a stalemate in Iran negotiations will reignite inflation risks and prompt the Bank of Canada and the Bank of England to be the first to resume rate hikes.

Odaily reports: OKXICE, the tokenized stock platform jointly established by OKX and Intercontinental Exchange (ICE), is scheduled to launch on November 23, planning to offer over 70 digital assets linked to stocks and ETFs. However, some assets will not be available for trading on the first day, including 59 ETFs under Direxion, the leveraged and inverse ETF issuer.Previously, companies such as McDonald's, Coca-Cola, and JPMorgan have opposed the tokenized trading of their shares on the platform. Of the 62 companies initially selected by OKXICE, 56 raised objections, with only 6—including Coinbase, Strategy, and Robinhood—not publicly expressing opposition, all of which are connected to the crypto industry. The total number of companies publicly opposing the platform has now risen to 67. (Bloomberg)

1. MSCI may remove Strategy from its index, potentially triggering up to $2.8 billion in selling from passive funds;2. Fidelity increased its stake in Strive by 2.35 million shares, bringing total holdings to $265.3 million;3. Trump remains interested in purchasing Bitcoin for a strategic reserve, though open-market purchases face legal obstacles;4. Stablecoin regulatory frameworks remain to be improved, with the FSB urging Turkey to further enhance crypto asset regulation;5. Economist: The market has exaggerated the risk of the Fed raising rates by 50 basis points in December;6. Analysis: Memory prices are brewing another round of increases, mainly concentrated in DRAM contract pricing and enterprise-grade SSDs;7. AI investment enthusiasm rebounds, CoreWeave's optimistic outlook boosts European tech stocks;8. The Treasury is discussing multiple pathways for Bitcoin purchases, with a second round of audits planned for government agency holdings;9. Abraxas Capital's two addresses hold ZEC short positions, with total unrealized gains of $118 million;10. Anthropic is expected to issue $3 billion to $3.5 billion in shares to Japanese investors in its IPO.

Odaily: Bitcoin Treasuries posted on X that MSCI will announce today its final decision on whether to exclude Strategy and Metaplanet from its indexes on the grounds that they are non-operating companies. Strategy stated that it expects its common stock to be excluded from the MSCI Global Index; JPMorgan noted that if Strategy is removed, it could result in approximately $2.8 billion in outflows.

Odaily report: According to Solid Intel monitoring, if MSCI removes Strategy from its indexes, Strategy could face up to $2.8 billion in selling from passive funds.