The Bitcoin community and Strategy supporters are calling for a boycott of JPMorgan Chase in response to a report on MSCI's proposed new rules.

PANews, November 24th - According to Cointelegraph, on Sunday, as calls to boycott JPMorgan Chase grew louder, the Bitcoin community and Strategy's supporters continued to escalate their opposition to the company. This followed reports that MSCI planned to introduce new rules to remove companies with more than 50% of their assets from its major indices , sparking anger within the Bitcoin community. JPMorgan Chase mentioned this latest news in a research report, stating that if Strategy is removed from MSCI and other major indices, it could trigger an outflow of up to $2.8 billion . Michael Saylor responded that index classifications cannot define Strategy .

Real estate investor and Bitcoin advocate Grant Cardone, responding to calls to boycott JPMorgan Chase, stated, "I just withdrew $20 million from JPMorgan Chase and am suing them for credit card violations." As the online boycott intensifies, Bitcoin advocate Max Keiser declared, "Beat JPMorgan Chase, buy Strategy and Bitcoin." The exclusion of crypto asset reserve companies from stock indices could trigger automatic sell-offs of their shares by funds and asset management firms mandated to purchase specific types of financial instruments, potentially negatively impacting the cryptocurrency market.