[Analysis: If MSCI Index Excludes Crypto Treasury Companies, It Could Trigger $15 Billion in Forced Crypto Sell-Offs] According to Cointelegraph, if MSCI proceeds with its plan to exclude crypto asset treasury companies from its indices, these companies may be forced to sell up to $15 billion worth of cryptocurrencies. The group opposing MSCI's proposal, 'BitcoinForCorporations,' has predicted based on a 'verified preliminary list' of 39 companies that these companies, with a total adjusted circulating market value of $113 billion, could face capital outflows of $10 billion to $15 billion. The group also added that, according to JPMorgan's analysis, if Strategy is removed from the MSCI index, its capital outflows could reach $2.8 billion. Strategy accounts for 74.5% of the adjusted circulating market value of the affected companies. Analysts have calculated that the potential total capital outflows for all affected companies could reach $11.6 billion. Such large-scale outflows would exert greater selling pressure on the crypto market, which has already been in a downward trend over the past three months. At the time of writing, the petition by 'BitcoinForCorporations' has gathered 1,268 signatures. Previously, it was reported that MSCI plans to introduce new rules to exclude companies with more than 50% of their assets in digital assets from its major indices. The final decision on this proposal will be announced on January 15, 2026, and will take effect during the February review of the same year.