MSCI Keeps Strategy And Bitcoin Treasury Firms In Indexes
MSCI's new non-operating company rules could exclude Strategy, Metaplanet and SharpLink, with a final list due November 11.
Update (Oct 15, 23:25 UTC): MSCI has reversed its stance and decided not to drop strategy and bitcoin treasury firms from its indexes, according to Startup Fortune.
MSCI has finalized new index rules that could potentially exclude corporate treasury firms and non-operating companies such as Strategy, Metaplanet, and SharpLink from its indexes, according to TheBlock.
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Index Rule Changes
The updated criteria target non-operating companies and firms holding significant alternative assets on their balance sheets. The final list of affected firms facing exclusion under the new guidelines is scheduled for release on November 11.
Key Facts
- MSCI finalized new non-operating company rules affecting treasury firms.
- Strategy, Metaplanet, and SharpLink are at risk of exclusion.
- The final list of affected companies is due on November 11.
Source: theblock.co
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