Index provider MSCI finalized its decision to drop Bitcoin treasury company Strategy from its global equity benchmarks. The deletion list also features Metaplanet and Upexi, with all changes taking effect after the conclusion of November 2026.
The exclusion follows months of argument over whether corporate entities holding crypto treasuries qualify as standard operating businesses. At the time of the announcement on November 12, 2026, Bitcoin traded at $73,973.58 with a 0.28% gain, while Cardano fell 5.74% to $0.1746.
The news report, written by Felix Ng and edited by Yohan Yun, detailed MSCI's final roster of corporate removals. Other crypto assets logged varying prices during the release, including Ethereum at $2,057.23, Solana at $83.61, and Binance Coin at $680.60.
For traders holding perpetual futures contracts on Bitget, Bybit, MEXC, or OKX, this equity index decision creates no direct mechanical changes. Funding rates, holding fees, and derivative order book liquidity remain unaffected directly by MSCI deleting these stock entities from its lists.
Source: cointelegraph — MSCI confirms Strategy’s removal from indexes at end of November