MicroStrategy (MSTR), formerly known as Strategy, is grappling with growing pressure regarding its long-term market position. MSCI, a major index provider, is reviewing whether the company qualifies for inclusion in several equity benchmarks due to concerns about its reliance on cryptocurrency, specifically Bitcoin. While expected by January 15th, this decision comes at a pivotal moment for Strategy’s model of using Bitcoin exposure as a key component in its equity-based investment strategy. The company’s stock has faced significant volatility following the recent downturn in Bitcoin prices, raising concerns about its future performance and ability to maintain its current valuation.