MSCI To Move Forward With Proposal That Could Exclude Strategy From Index
Photo: Bitcoin Magazine
MSCI has adopted new rules that could push Bitcoin treasury Strategy out of its global equity benchmarks. Morgan Stanley Capital International is moving ahead with a proposal that could remove bitcoin juggernaut Strategy from its global equity benchmarks. The index maker said Thursday that it “will implement the proposal to define and classify non-operating companies as ineligible for inclusion in the MSCI Global Investable Market Indexes.” Bitcoin treasury Strategy previously blasted the idea, calling it “misguided” and “flawed.” “MSCI will implement the proposal to define and classify non-operating companies as ineligible for inclusion in the MSCI Global Investable Market Indexes…
Source: Bitcoin Magazine
