📊 Strategy and Metaplanet Could Face a New Index Challenge CoinDesk reports that MSCI has opened a new consultation that could exclude so-called “non-operating companies” from its global indexes - and that may include major $BTC treasury firms such as Strategy and Metaplanet. 🧩 Under the proposed framework, companies would first be tested on whether operating assets make up more than 50% of total assets. Those that fail would then face five additional financial-ratio screens. If applied to current data, Strategy, Metaplanet, and Yellow Cake would have been removed from the MSCI ACWI IMI Index. Strategy currently holds about 840,447 BTC, while Metaplanet holds around 43,000 BTC. For $BTC , the story is less about the asset itself and more about how traditional index rules may treat companies whose balance sheets are dominated by Bitcoin. Nothing is final yet: MSCI is taking feedback until September 30, with any changes coming no earlier than the November 2026 review. 👀 #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#