# Strategy, the World’s Biggest Corporate Bitcoin Holder, to Be Dropped From MSCI Indexes

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4 outlets covering · First listed: Wall Street Journal, Nov 12, 2026, 1:19 AM · Read it: <https://www.wsj.com/finance/investing/strategy-the-worlds-biggest-corporate-bitcoin-holder-to-be-dropped-from-msci-indexes-96572af4?mod=rss_markets_main>

The index provider ruled firms without substantial operating assets now count as nonoperating, making them ineligible for its global indexes.

## Who's covering it

In the order they published:

- Nov 11, 2026, 4:27 PM: [MSCI drops Strategy from global indexes under new eligibility rules](<https://cryptobriefing.com/msci-excludes-strategy-non-operating-company/>) — Crypto Briefing (Specialist)
  MSCI's exclusion of non-operating firms like Strategy from indexes could trigger significant market shifts, impacting passive investment flows.
- Nov 11, 2026, 6:09 PM: [MSCI confirms Strategy’s removal from indexes at end of November](<https://cointelegraph.com/news/msci-confirms-strategys-removal-from-indexes-end-november>) — Cointelegraph (Specialist)
  Strategy, Metaplanet and Upexi are marked for deletion in MSCI’s final list, with changes taking effect after the Nov. 30 close.
- Nov 12, 2026, 1:00 AM: [MSCI is dropping Strategy from its index, and the exclusion could hit its bitcoin-buying machine](<https://www.coindesk.com/markets/2026/11/12/msci-is-dropping-strategy-from-its-index-and-the-exclusion-could-hit-its-bitcoin-buying-machine>) — CoinDesk (Specialist, United States)
  MSCI’s decision to exclude Strategy from its equity indices could hamper the company’s ability to buy more bitcoin, according to some analysts.
- Nov 12, 2026, 1:19 AM: [Strategy, the World’s Biggest Corporate Bitcoin Holder, to Be Dropped From MSCI Indexes](<https://www.wsj.com/finance/investing/strategy-the-worlds-biggest-corporate-bitcoin-holder-to-be-dropped-from-msci-indexes-96572af4?mod=rss_markets_main>) — Wall Street Journal (Newspaper, United States)
  The index provider ruled firms without substantial operating assets now count as nonoperating, making them ineligible for its global indexes.
