MSCI is removing Strategy ($MSTR ) from its major indexes after classifying it as a non-operating issuer.
@Reuters
On November 11, 2026, as part of its November Index Review, MSCI confirmed Strategy (the Bitcoin-focused company formerly known as MicroStrategy) will be deleted from the MSCI USA Index (and therefore from broader indexes such as MSCI World and ACWI). The change takes effect at the close of November 30, 2026. The same review also removes other names including Japan’s Metaplanet (another Bitcoin treasury firm) and UK-listed Yellow Cake (a uranium holder).