🚨 MSCI to remove Strategy and Metaplanet from its stock indexes
Index provider MSCI confirmed that it will remove Strategy (MSTR) and Japan’s Metaplanet from its indexes. The companies have been deemed “non-operating” — too similar to investment funds because of their huge Bitcoin reserves.
The removal will take effect after the market closes on November 30 (effective December 1). Passive funds will be forced to sell their shares.
Estimates put potential sales of Strategy shares alone at $1.3–2.8 billion. The stock has already reacted by falling.
A classic case: when a Bitcoin strategy works too well, it gets kicked out of “traditional” indexes.
What do you think — temporary pressure or a long-term blow to DAT companies?
#MSCI #Strategy #MSTR #Metaplanet #Bitcoin #BTC #Crypto #Indexes #StockMarket #Investments
Index provider MSCI confirmed that it will remove Strategy (MSTR) and Japan’s Metaplanet from its indexes. The companies have been deemed “non-operating” — too similar to investment funds because of their huge Bitcoin reserves.
The removal will take effect after the market closes on November 30 (effective December 1). Passive funds will be forced to sell their shares.
Estimates put potential sales of Strategy shares alone at $1.3–2.8 billion. The stock has already reacted by falling.
A classic case: when a Bitcoin strategy works too well, it gets kicked out of “traditional” indexes.
What do you think — temporary pressure or a long-term blow to DAT companies?
#MSCI #Strategy #MSTR #Metaplanet #Bitcoin #BTC #Crypto #Indexes #StockMarket #Investments