MSCI has opened a new consultation that could exclude Strategy Inc.

(NASDAQ:MSTR) and Metaplanet (OTC:MTPLF) from its global indexes.

What The New Proposal Actually Says According to MSCI's August 2026 consultation document, the new screen works in two steps.

Step One: The 50% Core Asset Test MSCI first checks whether a company's core business assets, the operations it actually runs day to day, make up more than 50% of everything it owns.

Companies that pass this check stay in the index with no further scrutiny.