🏛️ Today's major non-price event: MSCI November review — the index treatment of crypto treasury companies.
Context:
1️⃣ In October, MSCI finalized new eligibility rules — replacing the 50% digital-asset holdings test with operating-asset and financial-ratio criteria
2️⃣ Strategy (MSTR) itself expects to be excluded, according to reports
3️⃣ Exclusion could weaken the demand channel from passive index funds
Index inclusion was a major pillar of the DAT model — so this could affect these companies' financing math. Follow-up will come with the results. 📋
$BTC
#MSCI #CryptoNews #MarketUpdate
Context:
1️⃣ In October, MSCI finalized new eligibility rules — replacing the 50% digital-asset holdings test with operating-asset and financial-ratio criteria
2️⃣ Strategy (MSTR) itself expects to be excluded, according to reports
3️⃣ Exclusion could weaken the demand channel from passive index funds
Index inclusion was a major pillar of the DAT model — so this could affect these companies' financing math. Follow-up will come with the results. 📋
$BTC
#MSCI #CryptoNews #MarketUpdate