Wall Street's theater monkeys like dogs, major negative news once again puts pressure on BTC, last night was a chorus of wailing!
It turns out that MSCI (Morgan Stanley Capital International) is consulting the investment community, considering excluding digital asset treasury-type companies (DATs) — which are companies with digital assets (such as Bitcoin) accounting for more than 50% of their balance sheets — from its main investable indices (such as MSCI USA and MSCI World).
Once the news broke, the market trembled, is this meant to scare us? If they really do this, will there still be any fun in this circle?
Let's see how big the market's negative sentiment will be if this happens.
First, the preliminary list includes about 38 crypto-related companies, among which Strategy (formerly MicroStrategy, stock code MSTR) is the focus. This company holds the most Bitcoin of any corporation globally (about 649,870 coins, with an average purchase price of about $74,400), and Bitcoin constitutes a very high proportion of its assets, being viewed as similar to an “investment fund” rather than a traditional operating company, which does not meet MSCI index inclusion standards.
Michael Saylor, chairman of Strategy, stated on December 3, 2025, that he is actively communicating with MSCI and believes that even if excluded, “the impact will not be too great.”
This is 640,000 Bitcoins, come on! Can your statement of no impact solve this issue?!
Strategy's stock price has fallen over 37% this year, far exceeding Bitcoin's 0.6% drop. Still stubborn?!
Analysts estimate that if Strategy is excluded from MSCI, its stock will face about $2.8 billion in passive fund selling pressure. Currently, Strategy's market capitalization is about $56 billion, of which about $9 billion (about 16%) is held by passive funds tracking the MSCI index. These funds (like ETFs) must sell immediately to comply with the benchmark, leading to mechanical selling pressure.
Remember, it’s a mechanical selling pressure of $9 billion!
I can’t take it anymore, trembling with fear.
On January 15, 2026, this big thunder will be revealed. Everyone, pray.
