4 sources covering
Strategy, the World’s Biggest Corporate Bitcoin Holder, to Be Dropped From MSCI Indexes
Wall Street Journal(subscription required) ·
The index provider ruled firms without substantial operating assets now count as nonoperating, making them ineligible for its global indexes.
Who's covering it
First reported by Crypto Briefing at · 4 outlets in all
- Wall Street Journal(subscription required)Strategy, the World’s Biggest Corporate Bitcoin Holder, to Be Dropped From MSCI IndexesThe index provider ruled firms without substantial operating assets now count as nonoperating, making them ineligible for its global indexes.
- CoinDeskMSCI is dropping Strategy from its index, and the exclusion could hit its bitcoin-buying machineMSCI’s decision to exclude Strategy from its equity indices could hamper the company’s ability to buy more bitcoin, according to some analysts.
- CointelegraphMSCI confirms Strategy’s removal from indexes at end of NovemberStrategy, Metaplanet and Upexi are marked for deletion in MSCI’s final list, with changes taking effect after the Nov. 30 close.
- Crypto BriefingMSCI drops Strategy from global indexes under new eligibility rulesMSCI's exclusion of non-operating firms like Strategy from indexes could trigger significant market shifts, impacting passive investment flows.
