MSCI finalizes index rules that put Strategy, crypto treasury firms at risk of exclusion

MSCI is finalizing new index rules for 'non-operating companies' that could lead to the exclusion of firms like MicroStrategy (referred to as Strategy) and Metaplanet. These companies are prominent for their significant Bitcoin treasury holdings. The final list of affected firms is expected by November 11. This development could significantly impact institutional investment into these companies and the broader market perception of corporate Bitcoin adoption strategies, as inclusion in major indices influences investor appeal and visibility.