# MSCI may exclude Strategy for not being an operating company

Quick Take · News · Published October 16, 2026 · By [Anthony Asuaje](https://walkeranthony.com/about/), Walker Strategies
Canonical URL: https://walkeranthony.com/news/msci-may-exclude-strategy-for-not-being-an-operating-company/

MSCI is reviewing its criteria and could remove Strategy from its indices, deeming it a non-operating company. If Strategy is dropped from these indices, funds that track those benchmarks would be forced to sell their shares; this would create downward pressure on MSTR and, by extension, on Bitcoin.

If you have exposure to Bitcoin or stocks linked to the crypto sector, this news is a risk factor to monitor closely.

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Educational and informational content only. I am not a licensed financial advisor and nothing here is investment advice. Do your own research before making any decision.