MSCI May Remove Strategy, Metaplanet from Indexes

The significance here is structural rather than operational: MSCI is questioning whether these firms belong in broad benchmarks at all, on the basis of what kind of company they are rather than how they perform. That distinction matters because index inclusion is a passive-flow question, not a sentiment one, and a removal would sit outside the usual earnings or market-cap debate. The open question is how the consultation's outcome, due by mid-October, is read by other index providers weighing similar screens.