MSCI delays excluding digital asset reserve companies, Strategy stock price surges 6.58% after hours

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【BlockBeats】There has been some movement in the financial index circle these days. MSCI announced that the proposal to remove digital asset holding company (DATCOs) from the MSCI Global Investable Market Index during the index review scheduled for February 2026 has now been put on hold.

Why the sudden change of heart? The reason is actually more profound. MSCI has decided to initiate a broader consultation regarding how to treat generally non-operational companies. In simple terms, they want to clarify: what kind of companies should remain in this index, and which should be excluded.

The key question is—how to distinguish between investment companies and non-investment companies? For example, if an entity operates digital assets as a core part of its business rather than purely for investment appreciation, where is the line drawn? MSCI admits that this requires careful research and more input from market participants. They are even considering adding new evaluation standards, possibly based on financial statement data or other indicators.

Interestingly, this news had an immediate impact on the market. Strategy(MSTR) surged by 6.58% after hours, indicating that investors are betting that this company will continue to stay in the index. From one perspective, this reflects a new round of market expectations regarding the regulation of digital asset companies.

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UnluckyValidatorvip
· 01-07 00:26
Haha, this is getting interesting. Has MSCI changed its stance? About time to clarify things. --- Oh wait, so Strategy is now the hot commodity, huh? --- Basically, it's just hard to tell. Anyway, we'll wait and see. --- This move seems a bit like a last-minute rush. Feels like someone is pushing from behind? --- Hey, the industry standards are finally going to be regulated. About time. --- A quick exit after hours. This deal isn't that simple, right? --- Wait, did they really think through the definitions? Feels like they're still messing around. --- Now DATCOs have a chance, but how to classify them later is the real trap.
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YieldWhisperervip
· 01-07 00:24
nah wait, they're basically admitting they don't even know how to classify these things... which is exactly the problem, tbh. classic regulatory theater move – "let's study it more" while the market prices in whatever narrative feels good that day. saw this same playbook in 2021 when everyone was confused about what defi actually is. unsustainable classification systems always collapse eventually.
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GasFeeSobbervip
· 01-07 00:09
Damn, Strategy is taking off directly this time, and MSCI's delaying tactics in the calculation game are on point.
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rugdoc.ethvip
· 01-07 00:04
Haha, MSCI's move is really a reversal. They said they would kick it out before, and now they are suspending it again. This is the game of big capital. Strategy's stock also took the opportunity to rally nicely. Speaking of which, such policy swings are just a way to cut retail investors' throats. The key is, they now don't even understand what "non-operational" means? The standard was already very vague, no wonder they need to redefine it. Wait, isn't this just giving DATCOs more time? Smart people can see right through it. It's really outrageous. The index rules say they can change them at will, and we're just small retail investors still watching the market.
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OneBlockAtATimevip
· 01-06 23:59
Haha, this time Strategy has directly soared by 6.58%, feeling like MSCI has been counter-educated by the market. But honestly, this kind of "propose first, then slowly" approach is indeed a bit interesting, just afraid of provoking public outrage. Is it really that easy to distinguish between incorporating digital assets into core business and simply investing for appreciation? The standards always seem to be blurry. If this consultation drags on, won't it last forever? Anyway, they can't afford the time cost. It's basically large institutions testing the bottom line to see if they can keep DATCOs. MSCI's definition authority is too strong; changing the standard index ecosystem means having to change accordingly. We have to wait and see how they define "non-operational," as this term itself seems quite vague. Might as well just include Bitcoin into the MSCI index to avoid endless disputes. Thinking about the current situation, it's mainly because the voices of digital asset parties are loud enough. By this time next year, there should be an answer. People are driven by interests, and MSCI is no exception.
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