Bitcoin Policy Institute Questions MSCI Index Rules Regarding Bitcoin Treasury Companies

In its report titled "Wall Street’s Invisible Committee," the Bitcoin Policy Institute (BPI) questioned MSCI's proposed index inclusion rules, which may exclude Digital Asset Treasury Companies (DATCOs). BPI argues that MSCI's new "non-operating company" classification could impact firms like MicroStrategy and Metaplanet. The report highlights that MSCI manages indices linked to $21 trillion in assets, meaning rule changes could force massive capital shifts. BPI expressed concerns over the lack of transparency in MSCI's classification framework and noted that while metadata suggests a focus on DATCOs, it does not definitively prove a pre-determined outcome. MSCI has not yet responded to the report.