CoinDesk·3 min read·medium
Bitcoin holders Strategy and Metaplanet face stock-index exclusion under MSCI’s new proposal
O
Omkar Godbole
✦AI Summary
MSCI is proposing new criteria to exclude 'non-operating companies' from its Global Investable Market Indexes based on financial ratios rather than crypto holdings. If implemented, this could lead to the removal of major bitcoin-holding firms like Strategy and Metaplanet.
The finance company has opened a new consultation this month, proposing to identify and exclude "non-operating companies" from its Global Investable Market Indexes. The proposed classification would be based on five financial ratios rather than a threshold for cryptocurrency holdings.
businesscryptoeconomy
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