MSCI Tightens Index Rules Putting Strategy Inc. at Risk of Exclusion

Key Facts

1MSCI Inc. announced tightening eligibility standards for non-operating companies in its global benchmark indexes.

2The new rules could lead to the exclusion of Bitcoin treasury companies like Strategy Inc. from the indexes.

MSCI Inc. announced tightening eligibility standards for non-operating companies within its global benchmark indexes. Benzinga reported that these new rules could lead to the exclusion of Bitcoin treasury companies, such as Strategy Inc., from the indexes.

MSTR closed at $151.29 on October 15, 2026, while MSCI closed at $575.09 on the same date. The methodology revisions target companies whose primary value is derived from asset holdings rather than traditional business operations, creating a structural headwind for the Bitcoin treasury model.