
MSCI 'Operating Assets' Rule Threatens Strategy and Metaplanet, BPI Paper Says
- —MSCI's simulated deletions include Strategy, Metaplanet and Yellow Cake
- —JPMorgan: Strategy removal could trigger $2.8 billion in selling, up to $8.8 billion if other providers follow
- —BPI says 'operating assets' is not defined under U.S. GAAP or IFRS
- —MSCI decision expected by Oct. 16, with changes slated for the Dec. 1 index review
Why it matters: Removing bitcoin treasury firms from MSCI indexes could force billions in mechanical selling, pressuring Strategy and Metaplanet shares.
Source: Bitcoin.com