MSCI’s crypto treasury rules could spur $15B of forced selling

Crypto treasury companies face potential forced selling of up to $15 billion in crypto if MSCI excludes them from its indexes based on a proposed rule concerning the majority of their balance sheet being held in crypto. BitcoinForCorporations, a campaigning group, projected outflows between $10 billion and $15 billion for 39 affected companies. JPMorgan's analysis suggested Michael Saylor’s Strategy alone could see $2.8 billion in outflows upon removal. Such a large sell-off would increase selling pressure on already declining crypto markets. BitcoinForCorporations argues that using a single balance sheet metric is unfair for judging an operating business and urged MSCI to classify companies based on their actual business model and operations. MSCI is expected to announce its final conclusions by January 15, with potential implementation in the February 2026 Index Review. Industry players like Strive and Strategy have also voiced objections to the proposal.

(Source：Cointelegraph)