Odaily Planet Daily reports that Bitcoin News posted on X that MSCI is advancing a proposed methodology to classify Michael Saylor’s Strategy, Japan’s Metaplanet, and other digital asset treasury companies as “non-operating” entities, which could result in their exclusion from the MSCI Global Investable Market Index. JPMorgan estimates that passive funds tracking the MSCI index may be forced to sell $2.8 billion worth of MSTR shares; if other index providers adopt similar rules, broader outflows could reach $8.8 billion. Strategy’s reverse analysis shows that funds tracking the MSCI index hold approximately 3.1% of its outstanding shares. The final decision is expected to be announced around October 16, with implementation potentially beginning on November 30.
MSCI Proposes to Remove Bitcoin Treasury Companies from Global Index, Potential $8.8 Billion Outflow
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Summary
MSCI is moving to classify digital asset treasury firms such as MicroStrategy and Japan’s Metaplanet as non-operational, which could result in their removal from the MSCI Global Investable Market Index. JPMorgan estimates that passive funds may sell $2.8 billion in MSTR shares, with total outflows reaching $8.8 billion if other index providers follow suit. MSCI-index funds currently hold approximately 3.1% of MSTR’s outstanding shares. The decision is scheduled for October 16, with changes expected to take effect on November 30. Traders are advised to monitor altcoins as market sentiment shifts and the Fear & Greed Index evolves.
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