Bitcoin Policy Institute Challenges MSCI Proposal to Exclude Crypto Treasury Firms

Key Facts

1The Bitcoin Policy Institute criticized MSCI's proposal to classify companies with significant digital asset holdings as non-operating companies.

2The proposed rule could lead to the removal of companies like Strategy and Metaplanet from MSCI global indexes.

The Bitcoin Policy Institute criticized MSCI's proposal to classify companies with significant digital asset holdings as non-operating companies. Cointelegraph reported that the proposed rule could lead to the removal of companies like Strategy and Metaplanet from MSCI global indexes, a move the institute argues lacks transparency.

MSTR closed at $153.09 on September 30, 2026, with the stock reaching a day high of $163.53 and a low of $152.02. The institute suggests that potential exclusion from major indexes would reduce institutional demand and passive fund inflows for companies maintaining Bitcoin-heavy balance sheets.