Saylor's Strategy engaging with MSCI on potential index exclusion

By Utkarsh Shetti and Federico Maccioni

DUBAI, Dec 3 - Strategy MSTR.O, the world's biggest corporate stockpiler of bitcoin, is engaging with MSCI about a decision that could potentially exclude it from its indices, its chairman Michael Saylor told Reuters on Wednesday.

Index provider MSCI is due to make that decision on January 15, in a shake-up that could lead to outflows of as much as $8.8 billion if other index providers follow suit, according to a JP Morgan note last month.

Strategy is currently part of the MSCI USA and MSCI World indices, with a chunk of its market value tied to benchmarks through passive vehicles such as ETFs.