Regulation· ★★★★· bearish·

MSCI finalizes rule to exclude crypto treasury companies from its indexes

  • —A company is disqualified if it fails four of five financial ratio tests
  • —Existing constituents must fail two consecutive annual reviews to be removed
  • —Saylor called the rule discriminatory and urged MSCI to withdraw it
  • —Metaplanet sold 10,000 BTC and rebought 11,000; Strategy kept accumulating
Why it matters: Index removal would force passive funds to sell and could compress the premium to NAV that bitcoin treasury firms trade at.
#BTC
Source: Digital Today
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