On August 28, Strategy declined 3.33% in regular trading, trading at $132.12/share, with turnover of $694 million. The stock extended pre-market weakness as two concurrent pressures weighed on sentiment.

On the news front, Strategy had surged approximately 37% over the preceding week, breaking above $135 for the first time in 12 weeks. The outsized short-term gain triggered significant profit-taking pressure. Simultaneously, MSCI is actively considering new rules that could remove Strategy from its global equity indices. The proposed framework would exclude companies MSCI deems primarily engaged in asset accumulation rather than operating actual businesses. If applied using data as of May, Strategy, along with Japans Metaplanet and uranium-focused Yellow Cake, would all face removal.

Such a delisting would materially weaken passive fund demand for the stock, undermining a key pillar of its valuation support. This risk resurfaces just as Strategy seeks additional capital to sustain its bitcoin acquisition strategy, having already deployed over $60 billion. The company currently holds 840,447 BTC at an average cost of $75,385 per coin, alongside $6.69 billion in dollar-denominated liquidity reserves.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)