Strategy and Metaplanet at risk of MSCI index exclusion
MSCI's updated index methodology could remove companies that mainly hold non-operating assets, hitting Strategy and Metaplanet. A decision is expected on October 16.
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MSCI is preparing to apply a revised methodology that targets companies viewed primarily as holders of non-operating assets. Strategy and Metaplanet are among those at risk of being dropped from MSCI indexes as a result.
The index provider's decision is expected on October 16. If confirmed, the change could force passive funds tracking those indexes to adjust their holdings, potentially adding pressure to the affected stocks.
No final announcement has been made yet.
Source: ForkLog