{"id":208320,"date":"2025-11-21T06:01:36","date_gmt":"2025-11-21T06:01:36","guid":{"rendered":"https:\/\/cryptonews.com\/cn\/news\/michael-saylor-led-strategy-risks-being-dropped-from-major-stock-indexes\/"},"modified":"2025-11-21T05:56:12","modified_gmt":"2025-11-21T05:56:12","slug":"michael-saylor-led-strategy-risks-being-dropped-from-major-stock-indexes","status":"publish","type":"post","link":"https:\/\/cryptonews.com\/cn\/news\/michael-saylor-led-strategy-risks-being-dropped-from-major-stock-indexes\/","title":{"rendered":"Michael Saylor \u9886\u5bfc\u7684 Strategy \u9762\u4e34\u88ab\u4e3b\u8981\u80a1\u7968\u6307\u6570\u5254\u9664\u7684\u98ce\u9669"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Michael Saylor\u9886\u5bfc\u7684 Strategy \u6b63\u9762\u4e34\u8fc4\u4eca\u6700\u5927\u7684\u4e00\u573a\u8003\u9a8c\uff0c\u5176\u80a1\u7968\u53ef\u80fd\u88ab\u5254\u9664\u51fa\u4e00\u4e9b\u5173\u952e\u57fa\u51c6\u6307\u6570\uff0c\u800c\u8fd9\u4e9b\u6307\u6570\u66fe\u5e2e\u52a9\u5176\u6bd4\u7279\u5e01\u62bc\u6ce8\u8fdb\u5165\u4e3b\u6d41\u6295\u8d44\u7ec4\u5408\u3002<\/p><p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-20\/michael-saylor-s-strategy-risks-losing-billions-in-index-flows?srnd=phx-crypto\">\u636e\u5f6d\u535a\u793e\u62a5\u9053<\/a>\uff0c\u6469\u6839\u5927\u901a\u5206\u6790\u5e08\u5728\u672c\u5468\u4e00\u4efd\u62a5\u544a\u4e2d\u8868\u793a\uff0cStrategy \u6709\u88ab\u5254\u9664\u51fa MSCI USA \u6307\u6570\u548c\u7eb3\u65af\u8fbe\u514b 100 \u6307\u6570\u7684\u98ce\u9669\u3002\u4ed6\u4eec\u4f30\u8ba1\uff0c\u4ec5 MSCI \u7684\u5254\u9664\u5c31\u53ef\u80fd\u5f15\u53d1\u9ad8\u8fbe 28 \u4ebf\u7f8e\u5143\u7684\u8d44\u91d1\u6d41\u51fa\uff0c\u82e5\u5176\u4ed6\u6307\u6570\u4f9b\u5e94\u5546\u8ddf\u8fdb\uff0c\u6d41\u51fa\u89c4\u6a21\u5c06\u8fdb\u4e00\u6b65\u6269\u5927\u3002<\/p><p class=\"wp-block-paragraph\">\u4e0e\u8be5\u516c\u53f8\u6302\u94a9\u7684\u88ab\u52a8\u578b\u57fa\u91d1\u76ee\u524d\u5df2\u5360\u7ea6 90 \u4ebf\u7f8e\u5143\u7684\u5e02\u573a\u655e\u53e3\uff0c\u6700\u7ec8\u51b3\u5b9a\u9884\u8ba1\u5c06\u5728 1 \u6708 15 \u65e5\u524d\u516c\u5e03\u3002<\/p><h2 class=\"wp-block-heading\">\u82e5\u88ab\u4e3b\u8981\u6307\u6570\u5254\u9664\uff0cStrategy \u7684\u6bd4\u7279\u5e01\u53d9\u4e8b\u57fa\u7840\u5c06\u53d7\u5230\u6311\u6218<\/h2><span class=\"replacer\"><\/span><p class=\"wp-block-paragraph\">\u5bf9\u4e8e\u4e00\u5bb6\u4f9d\u9760\u201c\u4ee5\u80a1\u7968\u5f62\u5f0f\u5305\u88c5\u6bd4\u7279\u5e01\u655e\u53e3\u201d\u800c\u5efa\u7acb\u54c1\u724c\u7684\u4f01\u4e1a\u6765\u8bf4\uff0c\u88ab\u6307\u6570\u79fb\u9664\u6240\u53d7\u51b2\u51fb\u4e0d\u4ec5\u9650\u4e8e\u4ea4\u6613\u91cf\u4e0b\u964d\u3002\u8fd9\u5c06\u4fb5\u8680\u5176\u5728\u673a\u6784\u6295\u8d44\u8005\u4e2d\u7684\u4fe1\u8a89\uff0c\u800c\u8fd9\u4efd\u4fe1\u8a89\u6b63\u662f\u8fc7\u53bb\u5438\u5f15\u57fa\u91d1\u7ecf\u7406\u4ee5\u5408\u89c4\u65b9\u5f0f\u63a5\u89e6\u5168\u7403\u6700\u5927\u52a0\u5bc6\u8d27\u5e01\u3001\u5e76\u4f7f Strategy \u8d70\u7ea2\u7684\u5173\u952e\u56e0\u7d20\u3002<\/p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">According to Bloomberg, Michael Saylor\u2019s Strategy Inc faces potential removal from major benchmarks such as the MSCI USA and Nasdaq 100. Passive vehicles tied to the company account for nearly $9 billion in market exposure, and a decision is expected by Jan. 15. MSCI is\u2026<\/p>&mdash; Wu Blockchain (@WuBlockchain) <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1991617624225247518?ref_src=twsrc%5Etfw\">November 20, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure><p class=\"wp-block-paragraph\">Strategy \u7684\u5d1b\u8d77\u4f9d\u9760\u7684\u662f\u4e00\u4e2a\u7b80\u5355\u7684\u98de\u8f6e\u6a21\u5f0f\uff1a\u516c\u53f8\u5356\u51fa\u80a1\u7968\u3001\u4e70\u5165<a href=\"https:\/\/cryptonews.com\/cn\/cryptocurrency\/best-bitcoin-futures-trading-platforms\">\u6bd4\u7279\u5e01<\/a>\uff0c\u7136\u540e\u5728\u6bcf\u4e00\u6b21\u6bd4\u7279\u5e01\u4e0a\u6da8\u65f6\uff0c\u518d\u4ee5\u4e0a\u6da8\u4e3a\u7406\u7531\u53d1\u884c\u66f4\u591a\u80a1\u7968\u5e76\u7ee7\u7eed\u589e\u6301\u3002\u5728\u6700\u5dc5\u5cf0\u7684\u65f6\u671f\uff0c\u5176\u5e02\u503c\u8fdc\u8fdc\u9ad8\u4e8e\u5176\u6240\u6301\u6bd4\u7279\u5e01\u7684\u5b9e\u9645\u4ef7\u503c\u3002<\/p><p class=\"wp-block-paragraph\">\u5982\u4eca\u8fd9\u4e00\u6ea2\u4ef7\u51e0\u4e4e\u5b8c\u5168\u6d88\u5931\uff0c\u516c\u53f8\u4f30\u503c\u73b0\u4ec5\u7565\u9ad8\u4e8e\u5176<a href=\"https:\/\/cryptonews.com\/cn\/cryptocurrency\/crypto-futures-trading-platforms\/\">\u52a0\u5bc6\u8d44\u4ea7<\/a>\u50a8\u5907\u7684\u89c4\u6a21\uff0c\u663e\u793a\u6295\u8d44\u8005\u7684\u4fe1\u5fc3\u5df2\u660e\u663e\u51cf\u5f31\u3002<\/p><p class=\"wp-block-paragraph\">\u6469\u6839\u5927\u901a\u5206\u6790\u5e08 Nikolaos Panigirtzoglou \u53ca\u5176\u56e2\u961f\u6307\u51fa\uff1a\u201c\u5c3d\u7ba1\u4e3b\u52a8\u578b\u57fa\u91d1\u4e0d\u4e00\u5b9a\u5fc5\u987b\u9075\u5faa\u6307\u6570\u8c03\u6574\uff0c\u4f46\u4ece\u4e3b\u8981\u6307\u6570\u4e2d\u88ab\u5254\u9664\u65e0\u7591\u4f1a\u88ab\u5e02\u573a\u53c2\u4e0e\u8005\u89c6\u4e3a\u8d1f\u9762\u4fe1\u53f7\u3002\u201d\u5206\u6790\u5e08\u5f3a\u8c03\uff0c\u8fd9\u5c06\u5e26\u6765\u6d41\u52a8\u6027\u3001\u878d\u8d44\u6210\u672c\u53ca\u6295\u8d44\u5438\u5f15\u529b\u65b9\u9762\u7684\u98ce\u9669\u3002<\/p><h2 class=\"wp-block-heading\">MSCI \u7684\u65b0\u63d0\u6848\u7784\u51c6\u201c\u52a0\u5bc6\u8d44\u4ea7\u5360\u6bd4\u8fc7\u9ad8\u7684\u516c\u53f8\u201d\uff0cStrategy \u9762\u4e34\u88ab\u6392\u9664\u98ce\u9669<\/h2><span class=\"replacer\"><\/span><p class=\"wp-block-paragraph\">\u6307\u6570\u89c4\u5219\u4e5f\u6b63\u5728\u53d1\u751f\u53d8\u5316\u3002\u5728 10 \u6708 10 \u65e5\u7684\u54a8\u8be2\u66f4\u65b0\u4e2d\uff0cMSCI \u6307\u51fa\uff0c\u4e00\u4e9b\u5e02\u573a\u53c2\u4e0e\u8005\u8ba4\u4e3a\u201c\u4ee5\u6570\u5b57\u8d44\u4ea7\u4e3a\u4e3b\u8981\u5e93\u85cf\u8d44\u4ea7\u7684\u516c\u53f8\u201d\u66f4\u7c7b\u4f3c\u4e8e\u6295\u8d44\u57fa\u91d1\uff0c\u800c\u6295\u8d44\u57fa\u91d1\u5e76\u4e0d\u7b26\u5408\u7eb3\u5165\u80a1\u7968\u6307\u6570\u7684\u8d44\u683c\u3002<\/p><p class=\"wp-block-paragraph\">MSCI \u6b63\u63d0\u8bae\u5c06\u201c\u6570\u5b57\u8d44\u4ea7\u6301\u4ed3\u5360\u603b\u8d44\u4ea7 50% \u6216\u4ee5\u4e0a\u201d\u7684\u516c\u53f8\u6392\u9664\u5728\u5176\u5168\u7403\u53ef\u6295\u8d44\u5e02\u573a\u6307\u6570\uff08Global Investable Market Indexes\uff09\u4e4b\u5916\u3002MSCI \u53d1\u8a00\u4eba\u5411\u5f6d\u535a\u793e\u8868\u793a\uff0c\u516c\u53f8\u4e0d\u4f1a\u201c\u5bf9\u672a\u6765\u7684\u6307\u6570\u8c03\u6574\u8fdb\u884c\u4efb\u4f55\u63e3\u6d4b\u201d\u3002<\/p><p class=\"wp-block-paragraph\">\u8fd9\u4e00\u538b\u529b\u6070\u9022\u6bd4\u7279\u5e01\u4e0e Strategy \u80a1\u4ef7\u53cc\u53cc\u7ecf\u5386\u5927\u5e45\u56de\u8c03\u3002<br>\u5728\u53bb\u5e74 11 \u6708\u521b\u4e0b\u5386\u53f2\u65b0\u9ad8\u540e\uff0cStrategy \u7684\u80a1\u4ef7\u5df2\u4e0b\u8dcc\u8d85\u8fc7 60%\uff0c\u62b9\u53bb\u66fe\u7ecf\u5438\u5f15\u8d8b\u52bf\u4ea4\u6613\u5458\u4e0e\u52a0\u5bc6\u6295\u8d44\u8005\u7684\u9ad8\u989d\u6ea2\u4ef7\u3002<\/p><p class=\"wp-block-paragraph\">\u5373\u4fbf\u7ecf\u5386\u8fd9\u8f6e\u66b4\u8dcc\uff0c\u81ea\u585e\u52d2\u5728 2020 \u5e74 8 \u6708\u9996\u6b21\u62ab\u9732\u8d2d\u4e70\u6bd4\u7279\u5e01\u4ee5\u6765\uff0cStrategy \u80a1\u4ef7\u4ecd\u4e0a\u6da8\u903e 1300%\uff0c\u8be5\u8868\u73b0\u4f9d\u7136\u8d85\u8fc7\u540c\u671f\u6240\u6709\u4e3b\u8981\u80a1\u7968\u6307\u6570\u3002<\/p><h2 class=\"wp-block-heading\">\u6bd4\u7279\u5e01\u7684\u4e0b\u8dcc\u6b63\u5728\u66b4\u9732 Strategy \u66fe\u7ecf\u5f3a\u52b2\u7684\u6b63\u5411\u5faa\u73af\u7ed3\u6784\u4e2d\u7684\u88c2\u7f1d<\/h2><span class=\"replacer\"><\/span><p class=\"wp-block-paragraph\"><a href=\"https:\/\/cryptonews.com\/cn\/academy\/what-is-bitcoin\/\">\u6bd4\u7279\u5e01<\/a>\u5df2\u4ece 10 \u6708\u9ad8\u70b9\u4e0b\u8dcc\u8d85\u8fc7 30%\uff0c\u800c\u6574\u4e2a\u52a0\u5bc6\u5e02\u573a\u5e02\u503c\u84b8\u53d1\u903e 1 \u4e07\u4ebf\u7f8e\u5143\u3002Strategy \u7684 mNAV\uff08\u4f01\u4e1a\u4ef7\u503c\u4e0e\u6301\u6709\u6bd4\u7279\u5e01\u6570\u91cf\u7684\u6bd4\u7387\uff09\u5df2\u6ed1\u843d\u81f3\u4ec5\u9ad8\u4e8e 1.1\uff0c\u8fd9\u610f\u5473\u7740\u5176\u80a1\u4ef7\u4ec5\u6bd4\u5176\u6bd4\u7279\u5e01\u8d44\u4ea7\u672c\u8eab\u7565\u6709\u6ea2\u4ef7\u3002<\/p><p class=\"wp-block-paragraph\">\u8fc7\u53bb\u90a3\u79cd\u201c\u4e70\u5f97\u8d8a\u591a\u3001\u80a1\u4ef7\u8d8a\u6da8\u3001\u518d\u878d\u8d44\u8d8a\u5bb9\u6613\u3001\u518d\u7ee7\u7eed\u4e70\u201d\u7684\u6b63\u5411\u5faa\u73af\uff0c\u5982\u4eca\u5df2\u65e0\u6cd5\u50cf\u4ee5\u524d\u90a3\u6837\u8fd0\u4f5c\u3002<\/p><p class=\"wp-block-paragraph\">\u5c3d\u7ba1\u5982\u6b64\uff0c\u585e\u52d2\u4ecd\u672a\u8e29\u4e0b\u5239\u8f66\u3002\u672c\u5468\u65e9\u4e9b\u65f6\u5019\uff0cStrategy \u4ee5 8.356 \u4ebf\u7f8e\u5143\u8d2d\u5165\u4e86 8,178 \u679a\u6bd4\u7279\u5e01\uff0c\u6298\u5408\u6bcf\u679a\u5e73\u5747 102,171 \u7f8e\u5143\uff08\u542b\u624b\u7eed\u8d39\u4e0e\u76f8\u5173\u8d39\u7528\uff09\u3002<\/p><p class=\"wp-block-paragraph\">\u8fd9\u7b14\u6700\u65b0\u589e\u6301\u8ba9\u516c\u53f8\u5728 2025 \u5e74 11 \u6708 16 \u65e5\u7684\u6bd4\u7279\u5e01\u6301\u4ed3\u8fbe\u5230 649,870 \u679a\uff0c\u603b\u6210\u672c 483.7 \u4ebf\u7f8e\u5143\uff0c\u5e73\u5747\u6301\u5e01\u6210\u672c\u4e3a\u6bcf\u679a 74,433 \u7f8e\u5143\u3002<\/p><p class=\"wp-block-paragraph\">\u968f\u7740\u52a0\u5bc6\u5468\u671f\u8f6c\u5411\uff0c\u6295\u8d44\u8005\u5982\u4eca\u6b63\u7b49\u5f85\u89c2\u5bdf\uff1a\u6307\u6570\u63d0\u4f9b\u5546\u4e0e\u8d44\u672c\u5e02\u573a\u662f\u5426\u4f1a\u7ee7\u7eed\u652f\u6301\u8fd9\u5957\u7b56\u7565\u3002<\/p>","protected":false},"excerpt":{"rendered":"<p>Michael Saylor\u9886\u5bfc\u7684 Strategy \u6b63\u9762\u4e34\u8fc4\u4eca\u6700\u5927\u7684\u4e00\u573a\u8003\u9a8c\uff0c\u5176\u80a1\u7968\u53ef\u80fd\u88ab\u5254\u9664\u51fa\u4e00\u4e9b\u5173\u952e\u57fa\u51c6 [&hellip;]<\/p>\n","protected":false},"author":503,"featured_media":208321,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,1],"tags":[2977,2841,68,69],"editors":[2415],"sponsored_companies":[],"class_list":["post-208320","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-news","tag-michael-saylor","tag-strategy","tag-jia-mi-huo-bi","tag-bi-te-bi","editors-ada-chui"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Michael Saylor \u9886\u5bfc\u7684 Strategy \u9762\u4e34\u88ab\u4e3b\u8981\u80a1\u7968\u6307\u6570\u5254\u9664\u7684\u98ce\u9669<\/title>\n<meta name=\"description\" content=\"\u00a0Michael Saylor\u9886\u5bfc\u7684 Strategy 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