JPMorgan analysts have raised concerns that Strategy, formerly known as MicroStrategy, could be removed from major passive indices. This move could lead to a 20% drop in its market cap. Analysts noted that the potential delisting would significantly impact Strategy’s valuation. On November 19, JPMorgan warned that MSCI may soon exclude Strategy from its passive fund indices. This would affect MSCI’s USA and World indices, two critical benchmarks for institutional investors. Exclusion could result in Strategy losing up to $2.8 billion, according to JPMorgan’s estimate. The decision stems from MSCI’s consultation on ... (full story)