Strategy holds ~$53.5B in BTC, MSCI just put it on watch. 👀

MSCI is proposing to exclude "non-operating companies" from its Global Investable Market Indexes. Strategy reportedly fails at least four of five screening criteria, the threshold for exclusion. Up to $2B in forced passive outflows if adopted in November, $8.8B if others follow.

→ Feedback closes Sept. 30 → Decision Oct. 16 → Live: November 2026

840,447 BTC. No liquidation triggers, just passive selling pressure.

Strategy's rebuttal: index providers should "measure markets, not dictate which assets companies can own."

Content angles to try:
→ Is MSCI drawing a fair line, or legacy finance gatekeeping the new playbook?
→ $2B or $8.8B, how much does index inclusion actually move MSTR?
→ If Strategy gets dropped, what does it signal for every BTC treasury company after it?

⚠️ NFA. DYOR.