MSCI Approves Rules That Could Remove Strategy, Metaplanet From Equity Indexes

MSCI has approved rules that would bar companies primarily structured to hold investments from being included in its equity indexes. The rules were first proposed in August. If implemented, the change could lead to the exclusion of firms such as Strategy and Metaplanet, which hold large crypto-asset positions. The restriction targets entities whose main business is holding assets rather than operating businesses. The article's source does not provide further details on the implementation timeline.