Index provider MSCI adopted new rules on Thursday that will make “non-operating companies” ineligible for its global investable market indexes. Strategy, Metaplanet and Upexi had been identified as potentially deletable, while Sharplink, Ton Strategy Company, Solana Company and DeFi Development Corp. are on a watchlist. The final list of companies to be removed will be published on November 11 and will take effect on November 30, 2026. JPMorgan had estimated that Strategy’s exclusion could trigger approximately $2.8 billion in selling, with funds tracking MSCI indexes holding roughly 13 million shares, representing 3.1% of its basic shares outstanding.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
