MSCI proposes removing Strategy and Metaplanet from its global indexes under a new non-operating company screen.
Regulation & Gov ·
MSCI has proposed a new screening mechanism that could result in the removal of Strategy and Metaplanet from its global indexes, based on a non-operating company criterion. The proposal would apply financial-ratio screening to identify firms that do not meet operational thresholds, potentially affecting both companies' index inclusion.
The screening approach targets companies based on their operational characteristics rather than traditional sector or market-cap classifications. This proposal reflects MSCI's effort to refine its index methodology to better reflect active business operations. Both Strategy and Metaplanet hold significant bitcoin positions, which may factor into how they are assessed under the new framework.
The timeline for implementation and whether MSCI will proceed with the proposal remain unclear. No statement from either company or MSCI regarding their response to the screening proposal has been reported. The practical impact on index weightings and investor holdings hinges on whether the methodology advances beyond the proposal stage.