MSCI approves rules that could eject Strategy, Metaplanet from equity indexes
The rules proposed in August would see companies that exist mainly to hold investments as no longer eligible for index inclusion.
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Summary
- MSCI finalized rules that could remove Strategy, Metaplanet and other investment-heavy companies from its global equity indexes after trading closes on Nov. 30.
- The affected firms will be named on Nov. 11.
- JPMorgan analysts have estimated that Strategy’s exclusion could prompt about $2.8 billion in stock outflows, though index funds’ forced sales would affect the company’s shares, not its bitcoin holdings.
