✓ Verified by 2+ outlets
MSCI's new index rules could push Strategy and other crypto treasury firms out, with a final list due Nov. 11
Summary
Index provider MSCI has finalized rules for what it calls non-operating companies, a change that could remove Strategy and other crypto treasury firms from its indexes, The Block reported.
The Block named Strategy, Metaplanet and SharpLink as companies that could be excluded, while Cointelegraph said Strategy, Metaplanet and Upexi had previously been identified for deletion under the methodology.
Both outlets said MSCI will announce its final list of affected firms on Nov. 11.
The two reports differ on which other companies are at risk, so we'll update this story once MSCI publishes its list.
Key facts
- MSCI finalized new rules for non-operating companies.
- The final list of affected firms is due Nov. 11.
- Strategy, Metaplanet and SharpLink could be excluded.
- Strategy, Metaplanet and Upexi were previously identified for deletion.