Strategy, Metaplanet face MSCI index removal proposal
MSCI is considering a new methodology that could remove Strategy and Metaplanet from its Global Investable Market Indexes as early as the November 2026 Index Review. SummaryMSCIs May simulation would delete Strategy, Metaplanet and Yellow Cake under proposed non-operating company screens.SharpLink would enter a watchlist because current constituents need two consecutive annual failures before removal.Companies failing the core screen become ineligible after triggering four of five financial ratio tests.Consultation closes September 30, with results due October 16 and possible November implementation by MSCI.MSCI abandoned its earlier crypto-only exclusion proposal in January and promised this broader company review. A simulation using May data identified the two Bitcoin treasury companies and U.K. uranium investor Yellow Cake as the three existing constituents that would be deleted under the proposed rules. The proposal remains a consultation, not a final index decision. MSCIs announcement says feedback remains open through Sept. 30, with results expected by Oct. 16. Any methodology change would then be targeted for the November review. MSCI explicitly warns that the consultation “may or may not” result in the proposed changes. You might also like: Metaplanet launches BitBonds with ¥200M private sale MSCI proposal replaces the earlier crypto specific test The current review is broader than MSCIs earlier attempt to