Strategy falls after MSCI warns of removal from global indexes

By Reuters News

** Shares of Michael Saylor-led Strategy MSTR.O fall 2.7% to $147.2 premarket

** MSCI says the bitcoin buyer could be removed from its global indexes under new rules

** MSCI said on Thurs that non-operating companies will be ineligible for its Global Investable Market Indexes from the close of Nov 30

** Move could threaten billions of dollars in passive investment in the co

** Co warned last year an exclusion could trigger a $2.8 bln stock liquidation

** As of last close, stock down 0.4% YTD

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.