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MSTR — Strategy News Story

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Strategy falls after MSCI warns of removal from global indexes

BUZZ-Strategy falls after MSCI warns of removal from global indexes

** Shares of Michael Saylor-led Strategy MSTR.O fall 2.7% to $147.2 premarket

** MSCI says the bitcoin buyer could be removed from its global indexes under new rules

** MSCI said on Thurs that non-operating companies will be ineligible for its Global Investable Market Indexes from the close of Nov 30

** Move could threaten billions of dollars in passive investment in the co

** Co warned last year an exclusion could trigger a $2.8 bln stock liquidation

** As of last close, stock down 0.4% YTD


(Reporting by Anand Gopal in Bengaluru)

((AnandGopal.R@thomsonreuters.com))

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