MSCI Approves Rules That Could Eject MicroStrategy and Metaplanet from Equity Indexes
Key Highlights: Potential index exclusion threatens passive capital inflows for public corporations operating Bitcoin-focused corporate treasuries. JPMorgan analysts project that an exclusion from key indices could drive approximately $2.8 billion in outflows from MSTR shares. While an equity sell-off targets corporate stock rather than direct Bitcoin holdings, reduced equity demand could constrain future capital-raising strategies. ...