Strategy’s MSCI risk: What to watch before November 11

Key points

• MSCI is due to announce on November 11 which companies its new eligibility rules affect, with implementation set for November 30; Strategy's removal is not confirmed.
• JPMorgan estimated exclusion could trigger up to $2.8 billion in Strategy share sales, rising to $8.8 billion if other index providers followed, Bloomberg reported.
• Strategy said on October 28 that shareholders preliminarily approved amendments allowing daily dividends on STRC, STRF, STRK and STRD preferred-stock series.

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