COINTELEGRAPH · 2026-11-12 21:52 UTC

Strategy stock sheds 5% amid MSCI index removal, Bitcoin sell-off

Strategy (Michael Saylor's Bitcoin treasury company) shares fell 6.49% on Thursday to $114.41, a day after MSCI confirmed its removal from global equity indexes after the Nov. 30 close. JPMorgan previously estimated the exclusion could cause roughly $2.8 billion in selling pressure; Strategy said MSCI-linked funds hold about 13 million shares, or 3.1% of basic shares outstanding. Bitcoin traded near $71,340, down 4.3% over 24 hours, and total crypto market cap fell 3% to about $2.49 trillion.

Loading the story on Tree News…