MSCI Exit Puts Strategy’s Bitcoin Holdings Under Renewed Pressure
Strategy faces a reported $6.85 billion Bitcoin loss as MSCI prepares to remove the company from major equity benchmarks.
Strategy faces a reported $6.85 billion Bitcoin loss as MSCI prepares to remove the company from major equity benchmarks. Bitcoin (BTC) is trading at $64,902.00, up 0.9% since this brief published. This is an original TLT brief based on reporting by Crypto Adventure, with live market data added, as of Sun, 15 Nov 2026 19:30:04 UTC.
The combination of a falling BTC price, an unrealized loss on Strategy’s holdings and benchmark removal could affect both the company’s financial position and the investor bases tracking its shares.
- Strategy’s Bitcoin holdings were reportedly worth $6.85 billion less than cost.
- MSCI will remove Strategy from major equity benchmarks at the end of November.
- Strategy holds 850,364 BTC purchased at an average of $75,456.
- Bitcoin trades at $64,322, down 4.27% over 24 hours and 14.84% over seven days.
- Strategy Faces Possible MSCI Exit and Billions in Potential Share Selling
- MSCI's Strategy removal sets up index-driven share sales
- Canaan’s Revenue Drop Puts Bitcoin Treasury Strategy in Focus
- MSCI Exit Puts Strategy’s Bitcoin Holdings Under Renewed Pressure — this brief
- Bitcoin Pullback and Extreme Fear Put Altcoins Under Pressure
- Bitcoin Decline Puts Strategy’s Billion-Dollar BTC Cost Gap in Focus
- Central-Bank Gold Demand Puts Pressure on Bitcoin’s Hard-Money Role
Crypto Adventure reports that Strategy’s 
Bitcoin position was approximately $6.85 billion underwater early Saturday as BTC moved toward $67,400. The company’s reported $64.2 billion investment placed it under significant pressure as the broader cryptocurrency market moved lower.
The company holds 850,364 BTC acquired for an average of $75,456 per coin, according to the report. Crypto Adventure also said MSCI had confirmed plans to remove Strategy from its major equity benchmarks at the end of November, adding an index-related development to the reported losses on its Bitcoin holdings.
This is single-source coverage, so the loss estimate, holdings figures and MSCI timeline are attributable to Crypto Adventure and are not independently corroborated by another outlet in the supplied coverage. The reported $6.85 billion loss was measured when Bitcoin was approaching $67,400, while the live market price provided with this brief stands below that reference level.
The wider data context is negative: Bitcoin is trading at $64,322, down 4.27% over 24 hours and 14.84% over seven days, while the total crypto market capitalization is $2.25 trillion and the broader market is broadly down. The Fear & Greed Index is at 10, labeled Extreme Fear. What to watch is whether BTC can recover from its current decline and whether the planned MSCI benchmark removal proceeds at the end of November.
Since this brief published about 38 hours ago, Bitcoin (BTC) has moved from $64,322.00 to $64,902.00 — +0.90%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $60,000 in November?
Crowd-implied probability on Polymarket, $183.26K 24h volume, resolves Dec 1 — snapshotted when this brief published (Nov 15 06:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by TLT and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₦91.80M (about $64,902.00), down 0.9% over 24 hours. The naira itself trades about 4.6% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
MSCI Exit Puts Strategy’s Bitcoin Holdings Under Renewed Pre — questions & answers
How large was Strategy’s reported Bitcoin loss?
Crypto Adventure reported an unrealized loss of approximately $6.85 billion when Bitcoin was approaching $67,400.
How much Bitcoin does Strategy hold?
Strategy holds 850,364 BTC purchased at an average price of $75,456 per coin, according to Crypto Adventure.
What did MSCI say about Strategy’s benchmark inclusion?
MSCI confirmed that it will remove Strategy from major equity benchmarks at the end of November.
How much is 1 Bitcoin worth in naira today?
About ₦91.80M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $64,902.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.90% since this brief first published — trading at $64,902.00 now versus $64,322.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto Adventure. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.