Why Strategy (MSTR) Stock Is Falling Today?

GuruFocus
2025.11.21 16:43
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Strategy (MSTR) shares fell 3% due to concerns over potential exclusion from MSCI indices. JPMorgan analysts warn this could lead to $2.8 billion to $8.8 billion in outflows if MSCI excludes companies with over 50% assets in digital currencies. Strategy, heavily invested in bitcoin, is currently part of Nasdaq 100, MSCI USA, and MSCI World indexes. Exclusion could negatively impact sentiment and capital raising.