MSCI adopts new index exclusion rules that could remove Bitcoin treasury companies Strategy and Metaplanet, with Ethereum holder SharpLink on watchlist; changes effective after November 30.
Regulation & Gov ·
MSCI has adopted updated criteria for its Global Investable Market Indexes that will exclude companies failing an operating-assets test alongside at least four of five financial metrics. Bitcoin treasury companies Strategy and Metaplanet emerged as likely removal candidates in an May 2026 simulation, while Ethereum holder SharpLink landed on a watchlist; companies holding digital assets at 50% or more of total assets will now face assessment under the new framework. The affected constituents list is due November 11, with changes taking effect after the November 30 close.