MSCI Adopts Rules Putting Strategy and Metaplanet at Risk of Index Removal
A May simulation flagged both companies for deletion and SharpLink for a watchlist. MSCI will publish its final list on Nov. 11.
MSCI has adopted new index rules that could lead to the removal of Strategy (formerly MicroStrategy) and Metaplanet, with a May simulation flagging both for deletion and SharpLink placed on a watchlist. The final list will be published on Nov. 11. Index removal would force passive funds tracking MSCI benchmarks to sell shares of these bitcoin-holding companies, potentially pressuring their stock prices and, by extension, sentiment around corporate BTC treasury strategies.
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1H AGOYou’re reading thisMSCI Adopts Rules Putting Strategy and Metaplanet at Risk of Index RemovalThe Defiant · Score 55
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3H AGOCrypto Briefing · Score 55 · via MSCI, removal