MSCI推进新规或致Strategy被剔除指数
MSCI To Move Forward With Proposal That Could Exclude Strategy From Index
MSCI规则落地直接影响MSTR的机构资金流向与指数权重，是明确的结构性事件，值得相关投资者关注后续审查结果及潜在的资金面变化。
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MSCI To Move Forward With Proposal That Could Exclude Strategy From Index
MSCI 推进可能将 Strategy 公司排除在指数之外的提案
Morgan Stanley Capital International is moving ahead with a proposal that could remove bitcoin juggernaut Strategy from its global equity benchmarks.
摩根士丹利资本国际（MSCI）正推进一项提案，该提案可能将比特币巨头 Strategy 公司从其全球股票基准中剔除。
The index maker said Thursday that it “will implement the proposal to define and classify non-operating companies as ineligible for inclusion in the MSCI Global Investable Market Indexes.”
该指数编制机构周四表示，它将“实施该提案，将非运营公司定义为不符合纳入 MSCI 全球可投资市场指数的资格。”
Bitcoin treasury Strategy previously blasted the idea, calling it “misguided” and “flawed.”
此前，持有大量比特币的 Treasury Strategy 曾猛烈抨击这一想法，称其“方向错误”且“存在缺陷”。
“MSCI will implement the proposal to define and classify non-operating companies as ineligible for inclusion in the MSCI Global Investable Market Indexes, as set out in the consultation announced on August 3, 2026, with minor modifications,” the statement read.
声明称：“MSCI 将按照 2026 年 8 月 3 日宣布的咨询文件中所述，实施该提案以定义和分类非运营公司，使其不符合纳入 MSCI 全球可投资市场指数的资格，并作出少量修改。”
“The changes will be implemented as part of the November 2026 Index Review, which will take effect as of the close of November 30, 2026.”
这些变更将作为 2026 年 11 月指数审查的一部分实施，并于 2026 年 11 月 30 日收盘时生效。
MSCI’s decision won’t immediately remove Strategy from its Global Investable Market Indexes but future tests could end up excluding the company from the index.
MSCI 的决定不会立即将 Strategy 公司从全球可投资市场指数中移除，但未来的测试可能会导致该公司被排除在该指数之外。
If Strategy does get removed from the index, it would mean that fewer institutional investors can or will hold the stock.
如果 Strategy 公司确实被移出指数，这意味着能够或愿意持有其股票的机构投资者将减少。
Strategy did not immediately comment on the MSCI’s decision. The company said of the proposal in August: “Bitcoin doesn’t need MSCI. Neither does Strategy.”
Strategy 公司未立即对 MSCI 的决定发表评论。该公司在 8 月对该提案表示：“比特币不需要 MSCI。Strategy 也不需要。”
MSCI in 2025 proposed excluding from its indices all companies whose digital-asset holdings represent 50% or more of total assets.
MSCI 在 2025 年提出，将所有数字资产持仓占总资产 50% 或以上的公司排除在其指数之外。
Strategy — formerly MicroStrategy — is an enterprise software company that pivoted to buying and holding bitcoin in 2020.
Strategy（原名 MicroStrategy）是一家企业软件公司，于 2020 年转型为购买并持有比特币。
It first bought the cryptocurrency to protect shareholders but has since aggressively bought the asset and is now the largest corporate holder of the cryptocurrency, with 848,250 bitcoins worth $69.2 billion at today’s prices.
它最初购买加密货币是为了保护股东利益，但此后积极买入该资产，如今已成为最大的企业持有者，持有 848,250 枚比特币，按今日价格计算价值为 692 亿美元。
Investors can buy Strategy’s Nasdaq-listed stock (MSTR) to get heightened exposure to bitcoin’s performance.
投资者可以购买在纳斯达克上市的 Strategy 公司股票（MSTR），以获得对比特币表现更高的敞口。
Nasdaq-listed Strategy’s shares were trading over 6% lower on Friday.
周五，在纳斯达克上市的 Strategy 公司股票下跌超过 6%。
This post MSCI To Move Forward With Proposal That Could Exclude Strategy From Index first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
本文《MSCI 推进可能将 Strategy 公司排除在指数之外的提案》首发于比特币杂志，由 Mathew Di Salvo 撰写。
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