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Strategy Made $19.5 Billion in Profit. So Why Is MSCI Removing It From Stock Indexes?
What Decrypt reports, why it matters and what remains unconfirmed.
CryptoBy Jose Antonio Lanz at Decrypt

The story in one view
- Reported by
- Decrypt
- Coverage lens
- Companies and finance
- Published
- Evidence status
- Single attributed publisher report
What Decrypt reports
Michael Saylor’s Bitcoin giant is being excluded from major investment benchmarks, raising questions about what qualifies as a business—and whether the decision could slow its Bitcoin buying.
The immediate significance
Index eligibility can affect how passive capital reaches bitcoin-treasury companies. The practical consequence depends on the final methodology, the consultation result and the date any change takes effect.
What remains unknown
- The final index methodology, affected securities and implementation timetable are not established by the publisher summary.
- No matched primary document independently supporting the central claim is linked to this page.
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