[MSCI Officially Adopts New Index Exclusion Rules, Strategy and Metaplanet Face Potential Removal] According to Deep Tide TechFlow, on October 16, MSCI announced the official adoption of index exclusion rules targeting non-operating companies. The rules are scheduled to be implemented during the November 2026 index review and will take effect after the market closes on November 30. The new rules will first evaluate whether companies possess substantial operating assets. If they fail the initial screening, the companies must undergo five financial ratio tests, and those meeting at least four of the criteria will lose their eligibility for inclusion. Under this policy, companies like Strategy and Metaplanet, which hold Bitcoin as their primary reserve asset, face potential removal risks. The final list will be announced on November 11. JPMorgan previously estimated that if Strategy is removed from the MSCI index, it could face approximately $2.8 billion in outflow pressure.