🚨 MSCI DROPS STRATEGY FROM ITS USA INDEX IS THIS A WARNING FOR BITCOIN TREASURY COMPANIES?
A major development for corporate Bitcoin holders.
MSCI will remove Strategy $MSTR from its USA Index and Metaplanet (3350.T) from its Japan Small Cap Index after the market closes on November 30.
The decision follows new eligibility rules assessing operating assets and five financial measures.
Here's why it matters:
📉 Strategy shares fell 2.6% in after-hours trading to $119.06.
📉 Metaplanet closed down 2.53% at 231 yen.
⚠️ Strategy's Michael Saylor and Phong Le have called the proposed treatment of digital asset treasury companies “discriminatory.”
Interestingly, Ethereum treasury company Sharplink was not included among the announced deletions.
My take: This isn't just about two companies losing index inclusion. It raises bigger questions about how traditional financial institutions classify companies whose balance sheets are heavily tied to crypto.
Will this create more pressure on corporate crypto treasuries, or is it simply an index-rule adjustment?
$MSTRB #strategy #metaplanet #CryptoNews $METAB #HuangRisksOusterOverReportedAffairWithSubordinate #AnthropicRejectsIPODelayValuationinQuestion
A major development for corporate Bitcoin holders.
MSCI will remove Strategy $MSTR from its USA Index and Metaplanet (3350.T) from its Japan Small Cap Index after the market closes on November 30.
The decision follows new eligibility rules assessing operating assets and five financial measures.
Here's why it matters:
📉 Strategy shares fell 2.6% in after-hours trading to $119.06.
📉 Metaplanet closed down 2.53% at 231 yen.
⚠️ Strategy's Michael Saylor and Phong Le have called the proposed treatment of digital asset treasury companies “discriminatory.”
Interestingly, Ethereum treasury company Sharplink was not included among the announced deletions.
My take: This isn't just about two companies losing index inclusion. It raises bigger questions about how traditional financial institutions classify companies whose balance sheets are heavily tied to crypto.
Will this create more pressure on corporate crypto treasuries, or is it simply an index-rule adjustment?
$MSTRB #strategy #metaplanet #CryptoNews $METAB #HuangRisksOusterOverReportedAffairWithSubordinate #AnthropicRejectsIPODelayValuationinQuestion