
MSCI to decide on Strategy's index status on November 11
- —MSCI's new eligibility rules took effect October 15; decision due November 11
- —JPMorgan sees up to $2.8 billion in MSTR selling on exclusion
- —Total selling could reach $8.8 billion if other index providers follow
- —Shareholders approved daily dividends on STRC, STRF, STRK and STRD
Why it matters: Index exclusion would cut passive demand for MSTR shares and could hamper Strategy's ability to keep funding Bitcoin purchases.
Source: DL News