{ "id": 55495, "date": "2025-11-24T09:17:35", "date_gmt": "2025-11-24T02:17:35", "guid": { "rendered": "https:\/\/hbbgroup.net\/strategy-and-bitcoin-supporters-call-for-boycott-of-jp-morgan\/" }, "modified": "2025-11-24T09:17:35", "modified_gmt": "2025-11-24T02:17:35", "slug": "strategy-and-bitcoin-supporters-call-for-boycott-of-jp-morgan", "status": "publish", "type": "post", "link": "https:\/\/hbbgroup.net\/en_us\/strategy-and-bitcoin-supporters-call-for-boycott-of-jp-morgan\/", "title": { "rendered": "Strategy and Bitcoin supporters call for ‘boycott’ of JP Morgan" }, "content": { "rendered": "
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The tension erupted following news that Strategy and other crypto treasury companies would likely be excluded from major market indexes. <\/p>\n

\"Strategy<\/picture><\/div>\n
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The backlash against financial services company JP Morgan from the Bitcoin (BTC<\/a>) community and supporters of BTC treasury company Strategy continued to swell on Sunday as calls to \u201cboycott\u201d JP Morgan grew.<\/p>\n

The anger<\/a> from the Bitcoin community followed news that the MSCI, formerly Morgan Stanley Capital International, an index company that sets criteria for index inclusion, is likely to exclude crypto treasury companies<\/a> from its indexes in January 2026. <\/p>\n

JP Morgan shared<\/a> the MSCI news in a research note. \u201cI just pulled $20 million from Chase and suing them for credit card malfeasance,\u201d real estate investor and Bitcoin advocate Grant Cardone said<\/a> in response to a call to boycott<\/a> the financial services giant.<\/p>\n

\u201cCrash JP Morgan and buy Strategy and BTC,\u201d Bitcoin advocate Max Keiser said<\/a>, as the online boycott movement gained steam.<\/p>\n

\"Banks,
Source: <\/em>Fred Krueger<\/em><\/a><\/figcaption><\/figure>\n

The exclusion of crypto treasury companies from stock indexes could trigger an automatic sell-off of their shares from funds and asset managers that are mandated to buy specific types of financial instruments, and could negatively impact crypto markets.<\/p>\n

Related: <\/strong><\/em>Saylor shrugs off suggestion Wall Street \u2018hurt\u2019 Bitcoin amid latest crash<\/strong><\/em><\/a><\/p>\n

Strategy founder Michael Saylor breaks his silence and responds to MSCI<\/h2>\n

Strategy entered the Nasdaq 100<\/a>, a stock market index of the 100 largest companies by market capitalization on the tech-focused stock exchange, in December 2024<\/p>\n

This allowed Strategy to reap the benefits of passive capital flows from funds and investors holding the Nasdaq 100.\u00a0<\/p>\n

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Strategy founder Michael Saylor responded<\/a> to the proposed MSCI policy change on Friday, saying, \u201cStrategy is not a fund, not a trust, and not a holding company.\u201d<\/p>\n

\u201cFunds and trusts passively hold assets. Holding companies sit on investments. We create, structure, issue, and operate,\u201d Saylor said, adding that Strategy is a \u201cBitcoin-backed structured finance company.\u201d<\/p>\n<\/div>\n

\"Banks,
Source: <\/em>Michael Saylor <\/em><\/a><\/figcaption><\/figure>\n