MSCI sets the rules: Strategy and other “crypto stock” companies could be dropped from the index at the end of November ⚠️
On October 15, index provider MSCI announced the results of its consultation, confirming that “non-operating companies” will be excluded from its global investable market indexes. Crypto treasury companies holding large amounts of $BTC $ETH are first in line to be affected. Key points:
1️⃣ Effective date: The change will be implemented as part of the November 2026 index review and take effect after the market closes on November 30. The final list of affected companies will be announced on November 11.
2️⃣ How companies are assessed: MSCI first checks whether a company has sufficient operating assets. If it falls short, five financial ratios are applied; failing four or more means the company is ineligible for inclusion.
3️⃣ Existing constituents get a grace period: They will only be removed if they fail to meet the requirements in two consecutive annual reporting periods. New companies will be ineligible if they fail in any one period.
4️⃣ Companies in focus: MSCI’s current list of potential deletions includes Strategy, Metaplanet, Yellow Cake, and others; SharpLink, Solana Company, and others are on the watchlist.
5️⃣ The previous temporary freeze on companies with “digital assets accounting for more than 50% of total assets” is also being lifted. All companies will be assessed under the new methodology.
6️⃣ Market reaction: Strategy shares fell about 4.2% on Friday.
Why it matters: Being removed could prompt passive funds that track the index to reduce their holdings. The funding outlook for “crypto stocks” that offer indirect crypto exposure needs to be reassessed. The final list on November 11 is the next key milestone.
For informational purposes only; not investment advice. DYOR. Use official channels only, and don’t click unfamiliar claim links.
#MSCI #MicroStrategy #比特币 #加密财库 #BTC
On October 15, index provider MSCI announced the results of its consultation, confirming that “non-operating companies” will be excluded from its global investable market indexes. Crypto treasury companies holding large amounts of $BTC $ETH are first in line to be affected. Key points:
1️⃣ Effective date: The change will be implemented as part of the November 2026 index review and take effect after the market closes on November 30. The final list of affected companies will be announced on November 11.
2️⃣ How companies are assessed: MSCI first checks whether a company has sufficient operating assets. If it falls short, five financial ratios are applied; failing four or more means the company is ineligible for inclusion.
3️⃣ Existing constituents get a grace period: They will only be removed if they fail to meet the requirements in two consecutive annual reporting periods. New companies will be ineligible if they fail in any one period.
4️⃣ Companies in focus: MSCI’s current list of potential deletions includes Strategy, Metaplanet, Yellow Cake, and others; SharpLink, Solana Company, and others are on the watchlist.
5️⃣ The previous temporary freeze on companies with “digital assets accounting for more than 50% of total assets” is also being lifted. All companies will be assessed under the new methodology.
6️⃣ Market reaction: Strategy shares fell about 4.2% on Friday.
Why it matters: Being removed could prompt passive funds that track the index to reduce their holdings. The funding outlook for “crypto stocks” that offer indirect crypto exposure needs to be reassessed. The final list on November 11 is the next key milestone.
For informational purposes only; not investment advice. DYOR. Use official channels only, and don’t click unfamiliar claim links.
#MSCI #MicroStrategy #比特币 #加密财库 #BTC