MSCI is dropping major crypto-treasury stocks from its indexes on November 30, 2026, under new rules targeting companies that act more like passive holding vehicles than traditional operating businesses.
Who is out: Strategy ($MSTRB ) is being removed from the MSCI USA Index, and Metaplanet (3350.T) is leaving the MSCI Japan Small Cap Index. Ethereum-focused SharpLink ($SBTU.ETF ) avoided deletion for now.
The pushback: Strategy leadership (Michael Saylor and Phong Le) criticized the new screening criteria as discriminatory.
Market reaction: Strategy shares dipped 2.6% in after-hours trading ($119.06), and Metaplanet fell 2.53% (231 yen).
Why it matters: Index funds and ETFs tracking MSCI benchmarks will be forced to sell these shares before November 30, creating billions in passive outflow pressure and tightening a major capital source for corporate crypto buyers.
#HuangRisksOusterOverReportedAffairWithSubordinate
Who is out: Strategy ($MSTRB ) is being removed from the MSCI USA Index, and Metaplanet (3350.T) is leaving the MSCI Japan Small Cap Index. Ethereum-focused SharpLink ($SBTU.ETF ) avoided deletion for now.
The pushback: Strategy leadership (Michael Saylor and Phong Le) criticized the new screening criteria as discriminatory.
Market reaction: Strategy shares dipped 2.6% in after-hours trading ($119.06), and Metaplanet fell 2.53% (231 yen).
Why it matters: Index funds and ETFs tracking MSCI benchmarks will be forced to sell these shares before November 30, creating billions in passive outflow pressure and tightening a major capital source for corporate crypto buyers.
#HuangRisksOusterOverReportedAffairWithSubordinate
