JPMorgan Sees Potential $2.8B Outflows for MicroStrategy on MSCI Index Removal Risk Tied to Bitcoin Holdings

Nov 21 2025 bitcoin


MicroStrategy's potential exclusion from MSCI indices could trigger $2.8 billion in outflows for the Bitcoin-holding company, now known as Strategy. This stems from MSCI's review of firms with over 50% crypto assets, impacting investor portfolios and share liquidity. Outflows from Strategy (MSTR) may reach $2.8 billion if MSCI removes it from equity indices. Broader exclusion [...]

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