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The Bitcoin Policy Institute (BPI) criticized MSCI’s recent proposal to broaden its “non-operating company” index rule, arguing the benchmark provider’s groundwork may trace back to a shelved plan targeting digital-asset treasury firms. BPI’s paper says metadata links the source presentation for MSCI’s consultation to an internal folder for crypto treasury companies and warns the new methodology could still remove firms such as Strategy and Metaplanet from MSCI indexes.
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