MicroStrategy is trading 4.1% down at $93.14 after MSCI proposed new eligibility rules that could remove it from global investable indexes.
- The proposal targets non-operating companies primarily holding assets.
- MSCI’s consultation identified MicroStrategy among three potential deletions.
- Bitcoin is down 1.29% since the previous close, while Software is up 3.02%, indicating the MSCI risk is the primary catalyst.