MSCI Reviews Removal of Bitcoin Treasury Companies from Major Indexes

Index provider MSCI is reviewing whether companies holding more than 50% of assets in cryptocurrencies should remain in its flagship equity benchmarks, according to a consultation running through December 31. JPMorgan analysts estimate that MicroStrategy could face up to $2.8 billion in passive fund outflows if excluded from MSCI USA and Nasdaq 100 indexes. MSCI will announce its decision on January 15, 2025, with any changes implemented in February.