BlockBeats News, December 20th, according to Reuters, Strategy (MSTR.O) may soon be removed from the MSCI and other major stock indices. Analysts say this move could see the company, which has heavily invested in Bitcoin, lose up to $9 billion in stock demand and weaken the sector's overall appeal.In response to client inquiries, MSCI proposed in October a plan to exclude companies with digital asset holdings accounting for 50% or more of total assets from its global benchmark indices. MSCI believes that such companies resemble investment funds, which are not included in its index system. However, many related firms argue that they are operational companies engaged in developing innovative products and view MSCI's proposal as unfair discrimination against the crypto industry.Furthermore, dozens of companies have been inspired to include crypto tokens on their balance sheets, hoping for their future appreciation, but questions about the sustainability of these business models are also growing. MSCI is conducting a public consultation and will announce its final decision on January 15th. Analysts point out that if MSCI excludes Digital Asset Treasury (DAT) companies from its index, other index providers may follow suit.