MSCI Proposes Excluding Crypto-Heavy Firms From Indexes

Index provider MSCI is considering excluding companies with more than 50% of assets in digital holdings from its global stock indexes, after a public consultation opened. The move targets firms like Strategy, which hold large amounts of bitcoin and resemble investment vehicles more than operating companies. Analysts estimate potential index outflows could reach $9 billion, highlighting growing scrutiny over crypto heavy entity classifications in traditional equity benchmarks.