---
title: "Strategy Made $19.5 Billion in Profit. So Why Is MSCI Removing It From Stock Indexes?"
url: https://thecoingazette.com/strategy-made-19-5-billion-in-profit-so-why-is-msci-removing-it-from-stock-indexes/
date: 2026-11-12
modified: 2026-11-12
lang: en
author: "Coin Gazette Editorial"
description: "Michael Saylor’s Bitcoin giant is being excluded from major investment benchmarks, raising questions about what qualifies as a business—and whether the decision could slow its Bitcoin buying."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 27
---

# Strategy Made $19.5 Billion in Profit. So Why Is MSCI Removing It From Stock Indexes?

Michael Saylor’s Bitcoin giant is being excluded from major investment benchmarks, raising questions about what qualifies as a business—and whether the decision could slow its Bitcoin buying.