or trigger $2.8 billion in index-related selling, MSCI to remove Strategy from U.S. indexes

MSCI plans to remove Strategy from its U.S. indexes after the close on November 30. JPMorgan estimated in November 2025 that the move could trigger approximately $2.8 billion in index-related selling. Strategy stated that MSCI-related funds hold about 13 million shares, accounting for 3.1% of its outstanding common stock, less than its average daily trading volume.