MSCI Index Proposal Threatens $15 Billion Crypto Liquidation Event
MSCI's potential exclusion of crypto treasury companies from its indexes has sent shockwaves through digital asset markets. The proposed rule change, targeting firms with majority crypto holdings, could force $10-$15 billion in liquidations across 39 companies representing $113 billion in market capitalization.
MicroStrategy emerges as the most exposed single entity, facing potential outflows of $2.8 billion—nearly 75% of its market value. The BitcoinForCorporations alliance has mobilized opposition, gathering 1,268 petition signatures and arguing the metrics create structural bias against crypto assets.
Market participants await MSCI's final decision on January 15, 2026, with implementation slated for the February index rebalance. Nasdaq-listed firms including MicroStrategy and Strive have publicly condemned the proposal as discriminatory toward blockchain-native balance sheets.
