JPMorgan poses a threat to Strategy amid possible exclusion from indices
JPMorgan caused concern in the crypto industry when it announced the likelihood of excluding companies such as Strategy and other crypto treasury companies (DATs) from MSCI indices in January 2026. This move could lead to significant capital outflows, estimated at $2.8 billion if MicroStrategy is excluded alone, and up to $8.8 billion if other indices are at risk. This is perceived as an attempt at manipulation that could negatively impact institutions holding large amounts of bitcoin.
Source Incrypted
The reaction of the crypto community was immediate: some users have already started closing their accounts with JPMorgan, considering it a wrong move. For example, investor Grant Cardon reacted sharply, announcing his intention to sue the bank for misusing his credit card. Against this backdrop, Michael Saylor, founder of Strategy, categorically defended his company, noting that it is a structured financial institution with real operations, not an investment fund.
This situation not only emphasizes the risks associated with possible changes in the MSCI indices, but also emphasizes the importance of bitcoin for modern business models. Sailor emphasized that Strategy has a long-term strategy based on its belief in bitcoin, which also reflects a broader trend in the digital asset market. Further developments in this situation will have significant implications for both the market and investors.
