Update
MSCI to Exclude Non-Operating Businesses from Indexes
MSCI, a global index provider, has announced new rules that could remove Strategy from its indexes. The final list of affected companies, including Strategy, Japan's Metaplanet, and Yellow Cake, will be named on November 11. This could lead to a smaller MSTR premium, making common-stock funding for Bitcoin purchases less attractive, as Strategy's shares have declined nearly 69% from their peak.