🚨 HUGE: MSCI’s controversial rule targeting “non-operating companies” is back — and Strategy and Metaplanet could be in the crosshairs.
The proposal could put major Bitcoin treasury companies at risk of being removed from MSCI indexes.
Here’s what’s at stake:
• Strategy has $23.9B in index value, making it the largest company flagged in MSCI’s simulation
• JPMorgan estimates Strategy could face up to $8.8B in forced selling if other index providers follow
• The decision is expected October 16, with potential deletions coming in November
• The rule applies broadly to “non-operating companies,” not just crypto firms
Strategy’s response: “Bitcoin doesn’t need MSCI. Neither does Strategy.”
October could be a major test for Bitcoin treasury companies. 👀
#BTC #Strategy #MSTR #MSCI #Crypto $BTC
The proposal could put major Bitcoin treasury companies at risk of being removed from MSCI indexes.
Here’s what’s at stake:
• Strategy has $23.9B in index value, making it the largest company flagged in MSCI’s simulation
• JPMorgan estimates Strategy could face up to $8.8B in forced selling if other index providers follow
• The decision is expected October 16, with potential deletions coming in November
• The rule applies broadly to “non-operating companies,” not just crypto firms
Strategy’s response: “Bitcoin doesn’t need MSCI. Neither does Strategy.”
October could be a major test for Bitcoin treasury companies. 👀
#BTC #Strategy #MSTR #MSCI #Crypto $BTC