MSCI Rule Review Threatens MicroStrategy Exclusion from Global Indexes

Key Facts

1MSCI is considering a new non-operating company rule that could lead to the removal of firms like MicroStrategy from its global indexes.

2The results of MSCI's rule review are expected to be released by October 16, 2026.

MSCI is considering a new non-operating company rule that could lead to the removal of firms like MicroStrategy from its global indexes. Blockonomi reported that the review aims to distinguish between traditional operating businesses and entities that primarily function as asset holding vehicles, specifically targeting those with heavy crypto treasuries. The results of this rule review are expected to be released by October 16, 2026.

MSTR closed at $153.09 on September 30, 2026, having traded between a day low of $152.02 and a high of $163.53 during that session. This regulatory move by MSCI follows previous proposals targeting digital asset treasury companies, a shift that could trigger forced selling by passive funds that track these global benchmarks if the exclusion is finalized.