Good to know : MSTR Jan2026!
MSCI has not yet made a final decision on the exclusion of MicroStrategy (MSTR) from its indexes. The final decision is expected to be announced on January 15, 2026, and if the exclusion is confirmed, it would take effect in February 2026.
The potential removal is due to a proposed rule change by MSCI, which is consulting on excluding companies whose digital asset holdings (like MicroStrategy's significant Bitcoin treasury) represent 50% or more of their total assets, arguing that such firms resemble investment funds rather than traditional operating companies.
Key Insights
Decision Timeline: The consultation period ends on December 31, 2025, with the final announcement on January 15, 2026.
Impact: If excluded, passive funds tracking MSCI indexes would be forced to sell their MSTR shares, which analysts estimate could trigger outflows of at least $2.8 billion, potentially reaching $8-9 billion if other major index providers like Nasdaq follow suit.
Company Stance: MicroStrategy has formally pushed back against the proposal, arguing that it is an operating company using digital assets as "productive capital" and that the proposed 50% threshold is arbitrary.
Current Status: As of now, MSTR remains in the MSCI USA and MSCI World indexes, but its position is under review.
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