TL;DR
- MSCI plans to remove crypto-heavy firms from its indexes.
- JPMorgan accused of manipulating MSTR with margin requirements.
- Michael Saylor defends MicroStrategy’s business and Bitcoin strategy.
Crypto markets record a sharp decline after a chain of events involving MSCI, JPMorgan, Strategy (MSTR) and Bitcoin. Traders report rapid losses when MSTR and BTC fall without warning. Ran Neuner from Crypto Banter links the movement to a possible Strategy removal from MSCI or NASDAQ indexes.
Reports state that MSCI plans to remove companies with crypto-heavy treasuries starting January 2026. The announcement draws attention from retail and institutional operators who monitor global indexes to manage capital flows.
Direct Accusations Against JP Morgan
Empery Digital accuses JP Morgan of creating pressure around MSTR after the MSCI announcement. The firm argues that the bank adopts a bearish posture that does not match a normal analytical stance and instead aims at a targeted hit. Traders report that JP Morgan raises margin requirements for MSTR on July 7, which generates extra volatility, forced liquidations, and further price drops.
Michael Saylor, responds on his public account. He notes that Strategy operates a software line that generates roughly 500 million dollars per year and manages 7.7 billion in Bitcoin-backed financial products.
Index classification doesn’t define us. Our strategy is long-term, our conviction in Bitcoin is unwavering, and our mission remains unchanged: to build the world’s first digital monetary institution on a foundation of sound money and financial innovation. – Saylor
He adds that the company functions as an operating business and uses Bitcoin as productive capital.
Strategy is not a fund, not a trust, and not a holding company. We’re a publicly traded operating company with a $500 million software business and a unique treasury strategy that uses Bitcoin as productive capital. – Response to MSCI Index Matter
Boycott Calls Gain Momentum
Reactions against JP Morgan grow when Adam B. Liv urges a full boycott. Traders refer to old controversial operations linked to high-profile cases and question the bank’s conduct. Grant Cardone reports the withdrawal of 20 million dollars from Chase and mentions legal action. Max Keiser amplifies the message and urges operators to buy MSTR and Bitcoin as a direct response.
If MSCI proceeds with its plan, firms holding more than half of their balance sheet in crypto assets may lose index status. Passive funds would withdraw liquidity and push exposed companies to reduce crypto positions to keep access to automatic capital inflows.
