MSCI Finalizes Rules That Could Exclude Strategy, Metaplanet From Equity Indexes
Macro·4 articles across 4 outlets
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
MSCI has approved new rules that could lead to the exclusion of companies primarily holding investments from its equity indexes. The rules, proposed in August, specifically target firms like Strategy and Metaplanet, with a final list of affected companies expected by November 11.
The new non-operating company rules could also impact other firms such as SharpLink. This development raises concerns for crypto treasury firms and similar entities regarding their eligibility for index inclusion.
MSCIStrategyMetaplanetSharpLink
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“The rules proposed in August would see companies that exist mainly to hold investments as no longer eligible for index inclusion.”
coindesk — MSCI approves rules that could eject Strategy, Metaplanet from equity indexes“MSCI's new non-operating company rules could exclude Strategy, Metaplanet and SharpLink.”
the block — MSCI finalizes index rules that put Strategy, crypto treasury firms at risk of exclusion