MSCI finalizes index rules that put Strategy, crypto treasury firms at risk of exclusion
MSCI's new non-operating company rules could exclude Strategy, Metaplanet and SharpLink. The final list of affected firms is due Nov. 11.
AI summary
MSCI has finalized index rules targeting non-operating companies, which could lead to the exclusion of Strategy (formerly MicroStrategy), Metaplanet, and SharpLink from its indices. The final list of affected firms is expected on November 11. A removal from major indices would likely trigger forced selling by index-tracking funds, pressuring shares of these crypto treasury companies and potentially weighing on bitcoin sentiment.
