Update
MSCI Removes Non-Operating Companies from Global Indexes
MSCI has adopted a rule that could remove Strategy, a company holding 848,250 BTC, from its flagship indexes after November 30. JPMorgan estimates the possible forced selling could amount to $2.8 billion. The rule, announced on October 15, will apply after the close on November 30, with a two-year buffer period for existing index members to fail the screen in two consecutive annual assessments. Bitcoin's price dipped slightly to around $82,000 on the news.