MSCI Delays Delisting Decision for Crypto Reserve Companies to 2026
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Delisting Decision Postponed: MSCI's initial plan to delist crypto reserve companies by January 15 has been postponed until a 2026 review, allowing these firms to remain in major indices and preventing a potential collapse of billions in passive investments.
- Positive Market Reaction: This announcement led to a surge in Strategy (MSTR) stock price from $157 to $170 in after-hours trading, indicating market optimism about the company's future performance, especially with the delisting risk removed, as MSTR's price is expected to exceed $189.
- MNAV Recovery Potential: The cancellation of the delisting decision allows MSTR to potentially recover its minimum net asset value (MNAV), enabling the company to sell more shares for substantial Bitcoin acquisitions, thereby strengthening its balance sheet.
- Future Consultation Plans: MSCI plans to initiate a broader consultation process regarding the treatment of non-operational companies in its indices, with feedback indicating institutional investors' concerns about certain crypto reserve companies exhibiting investment fund-like characteristics, highlighting the need for further research to distinguish between investment firms and other companies holding digital assets.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
