MSCI is considering new screening standards that could lead to the removal of Strategy, Metaplanet, and uranium holding company Yellow Cake from major indexes, according to a post by Bitcoin News on X. Conner Brown of the Bitcoin Policy Institute said the screening appears to hinge on what counts as an "operating asset," while arguing that neither U.S. GAAP nor IFRS clearly defines the term. JPMorgan estimated that funds tied to MSCI alone could be forced to sell roughly $2.8 billion worth of Strategy stock if the company is excluded. MSCI is expected to make a decision by Oct. 16. The potential change points to index methodology as a direct driver of fund flows, with Strategy facing the largest estimated impact among the companies mentioned.
MSCI is considering screening standards that could remove Strategy, Metaplanet, and uranium holding company Yellow Cake from major indexes, according to a post by Bitcoin News on X.
Conner Brown of the Bitcoin Policy Institute said the screening depends on what qualifies as an "operating asset." He added that neither U.S. Generally Accepted Accounting Principles nor International Financial Reporting Standards defines the term.
JPMorgan estimated that funds linked to MSCI alone could be forced to sell about $2.8 billion in Strategy shares. MSCI is expected to make its decision by Oct. 16.
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