
MSCI Finalizes Rule to Remove Bitcoin Treasury Firms Like Strategy From Indexes
- —Rule takes effect at the close of Nov. 30 as part of MSCI's November index review
- —A stock is flagged ineligible if it fails four or more of five financial ratio tests
- —Temporary 2025 reprieve for firms with 50%+ digital-asset holdings is scrapped
- —MSCI will publish the final list of affected companies on Nov. 11
Why it matters: Index removal would force tracking funds to sell affected shares, pressuring prices and shrinking the premium these firms trade at over their crypto holdings.
Source: Decrypt
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