MSCI Sets Nov. 30 for Strategy’s Removal From Global Indexes

MSCI will remove Bitcoin treasury company Strategy (MSTR) from its Global Investable Market Indexes at the Nov. 30 market close. The Nov. 11 review lists Strategy’s Class A shares for deletion from the MSCI USA Index. The rebalanced indexes take effect Dec. 1.

Strategy shares closed 1.06% higher at $122.35 on Nov. 11, before MSCI released its decision. The stock slipped to $121.91 in after-hours trading at 5:18 p.m. ET.

How Many Strategy Shares Index Funds Held

During MSCI’s consultation, Strategy estimated that funds tracking the affected indexes held about 13 million shares, or 3.1% of its basic shares outstanding. At the Nov. 11 closing price, that share count would be worth about $1.59 billion.

BREAKING: MSCI officially removes Michael Saylor’s Strategy from its global indexes.

The removal takes effect at the close on November 30, per MSCI.

Funds tracking MS…

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