MSCI drops Strategy from MSCI World on November 30

MSCI will remove Strategy from the MSCI World Index on November 30, according to CryptoTicker.io. Strategy, formerly known as MicroStrategy, is a publicly traded software company that has become closely associated with its large bitcoin holdings and its corporate bitcoin-focused strategy.

The MSCI World Index is a widely followed equity benchmark covering large- and mid-cap companies across developed markets. Inclusion in major indexes can matter because index-tracking funds and other market participants use such benchmarks as references for portfolio construction and performance measurement.

The removal means Strategy will no longer be represented in the MSCI World Index after the November 30 change. The report did not provide further details on the reason for the deletion, the index review process, or whether Strategy will remain eligible for other MSCI indexes.

Strategy has drawn significant attention in crypto and traditional markets because its business and capital-allocation approach has made its shares a prominent public-market vehicle associated with bitcoin exposure. MSCI’s index action is therefore relevant to investors and institutions that follow benchmark membership alongside the company’s bitcoin-related strategy.