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MSCI drops Strategy and Metaplanet from its global indexes as of December 1

FinanceInternationalCinco DíasAI summary
Image: Cinco Días

MSCI published the results of its review and decided to exclude Strategy, the largest bitcoin treasury company, and Japan's Metaplanet from its global equity indexes starting December 1. Outflows from index funds and ETFs could pressure Strategy's valuation and make more expensive the financing it uses to buy bitcoin. The company says the impact will not be significant and asked for the decision to be reversed.

In 35 seconds

  • MSCI will exclude Strategy and Metaplanet from its global equity indexes starting December 1.
  • Analyst Javier Cabrera estimates outflows of about $2 billion, close to 4% of Strategy's market capitalization.
  • JP Morgan calculated in October that ETFs and index funds would have to sell about $1.384 billion in Strategy shares.
Read the full story at Cinco Días

IASummary generated by artificial intelligence from a story by Cinco Días. It may contain errors: the original source prevails.

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