MSCI PROPOSES RULES THAT WOULD REMOVE STRATEGY FROM ITS INDEXES MSCI has proposed new rules targeting “non-operating companies” that, based on its May 2026 simulation, would result in $MSTR being removed from its Global Investable Market Indexes. Strategy is specifically named alongside Metaplanet and Yellow Cake as the only three simulated deletions from the MSCI ACWI IMI. The proposed methodology screens companies based on operating assets, expenses and cash flow, non-operating fair-value changes, and dependence on raising capital to accumulate assets. That last criterion directly targets Strategy’s model of issuing equity and debt to accumulate Bitcoin. This is NOT final. Consultation closes September 30, with MSCI’s decision expected by October 16 and potential implementation during the November 2026 Index Review.

MSCI ANNOUNCES 55 ADDITIONS AND 92 DELETIONS FROM THE MSCI ACWI INDEX, TRIGGERING POTENTIAL INDEX-FUND REBALANCING FLOWS. SANDISK, CARPENTER TECHNOLOGY AND ATI ARE THE THREE LARGEST WORLD INDEX ADDITIONS BY FULL MARKET CAP; ACWI IMI WILL SEE 184 ADDITIONS AND 279 DELETIONS. CHAROEN POKPHAND INDO IS SET TO EXIT THE MSCI INDONESIA INDEX, WHILE COCHLEAR AND SONIC HEALTHCARE WILL BE DELETED FROM THE MSCI AUSTRALIA INDEX.

Strategy Responds to MSCI's Proposal to Exclude Bitcoin Treasury Companies On August 17, during Strategy's Q2 2026 Investor Q&A session, CEO Phong Le @phongle addressed MSCI's proposal to exclude Bitcoin treasury companies from its indexes.He said that even if Strategy were ultimately removed, MSCI-indexed holdings account for only around 3% to 4% of the company's outstanding shares. While the exclusion could create some short-term selling pressure, he believes the overall impact would be limited.He also argued that the proposed adjustment is inconsistent with the direction of the SEC, FASB, and current accounting treatment practices. Strategy will once again submit a formal response to MSCI, hoping that the index provider will ultimately decide not to proceed with the latest rule changes.

LATEST: 📊 MSCI has proposed excluding "non-operating companies" from its major global indexes, implementing new criteria that would likely result in the removal of Strategy and Metaplanet.

LATEST: Index giant MSCI proposes excluding "non-operating companies" from its global indexes, a screen that would remove @Strategy and @Metaplanet, with feedback due September 30 and results announced October 16.