# MSCI Drops Strategy and Four Other Treasury Companies From Its Indexes as BitMine Reports a Yearly Loss Above $6 Billion

Index funds must sell by the November 30 close after MSCI's new screen classified the companies as non-operating, and BitMine's latest quarterly profit came mostly from unrealized ether gains while operating cash flow was negative.

- Published: 2026-11-12T05:46:45.461Z
- Canonical: https://polylog.news/crypto/2026-11-12/msci-drops-strategy-and-four-other-treasury-companies-from-i
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [Bitcoin Magazine](https://bitcoinmagazine.com/markets/msci-removes-strategy-mstr-usa-index), [Bitcoin Magazine](https://bitcoinmagazine.com/markets/msci-rules-today-strategy-mstr-deleted), [Polylog editors](https://polylog.news), [CryptoSlate](https://cryptoslate.com/bitmine-posts-2-8b-quarterly-profit-but-yearly-net-loss-surpasses-6b/), [CryptoTicker](https://cryptoticker.io/en/msci-removes-strategy-msci-world-november-30/)

MSCI will remove Strategy, Metaplanet, Yellow Cake, Skel and Upexi from its global indexes as of the November 30 close, after a new screen classified them as non-operating companies. Reuters, relayed by BWE News, reported that Strategy will…

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