MSCI stop di plan to comot companies wey get digital-asset treasury, e raise better sentiment for MSTR
MSCI don pause wan proposal we dem bin plan to comot digital-asset treasury (DAT) companies from im Global Investable Market Indexes (GIMIs). For di review we dem open for October 2025, MSCI bin propose say make dem exclude companies wey their crypto holdings pass 50% of dia total assets, na change wey fit make big Bitcoin treasury holders comot for di index. After dem still dey consult and dem decide to pause, MSCI go keep di current index treatment for DAT for now and go run broader review to sabi di difference between investment-oriented crypto treasuries and operating companies wey crypto na dia core business. Di pause clear di immediate risk of forced passive outflows, make DAT equities rise: Strategy (MSTR), wey get big BTC treasury, after-hours shares climb about 6–7% (reach about $168.60 for one report) after earlier volatility. Di decision give short-term relief and fit restore passive inflows and market sentiment for crypto-treasury stocks, but long-term index eligibility still uncertain till MSCI finish more consultation and set final criteria.
Bullish
Di pause reduce immediate downside pressure for Bitcoin-linked equities by comot short-term risk of forced outflows from index-tracking funds. Dat relief show as positive price action for Strategy (MSTR) and fit likely bring back some passive inflows into DAT stocks. For BTC itself, the decision small bullish: e dey ease near-term liquidity overhang wey fit happen if index trackers do massa selling and e improve market sentiment among institutional and passive investors. Short-term impact: positive — better risk appetite and likely small price support for BTC as ETF/index-related uncertainty slow down. Medium-to-long term: neutral-to-cautious — MSCI still dey review so future index eligibility never settle; if dem finally exclude later e fit bring back selling pressure. Overall, the immediate market reaction na bullish for BTC and BTC-treasury equities, but sustained upside depend on MSCI final criteria and wider institutional flows.