MSCI revives proposal to remove Strategy and Metaplanet from index

Corporate Bitcoin holders, Strategy (NASDAQ: MSTR) and Metaplanet (TYO:3350) are back on the MSCI exclusion watchlist after the index revived a proposal that would remove both firms from its stock benchmarks. 

The consultations starting this month revive 2025 headaches for Strategy and Metaplanet, who could face forced selling from index-tracking funds if MSCI somehow resolves to exclude either or both of them from its Global Investable Market Indexes.

Is MSCI targeting Strategy and other reserve firms? 

MSCI did not specifically mention crypto reserve firms or those who run digital asset treasuries (DATs) in the August 2026 consultation paper. However, it named Strategy and Metaplanet among the three firms that would definitely be deleted if the proposal passes. Sharplink was one of three firms that would be on the “Watchlist.”

Per MSCI, it is targeting firms that fall under its “non-operating companies” designation, which refers to businesses built around stockpiling valuable assets rather than earning cash from a working business.

… Continue reading the full article at the original source below.