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PWC
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Important - Explanation of the drop on October 10 according to the news
🌐 The topic that has been trending since yesterday:
And what might explain the drop on October 10 and the market's inability to rebound was the announcement from MSCI on the same day. The announcement raises doubts about the inclusion of companies like MSTR and BMNR (digital treasury companies) in global indices, as more than 50% of their assets are in cryptocurrencies.
If MSCI decides to consider these companies as “funds” rather than “companies,” they will be automatically excluded from the indices starting in 2026, which means a massive exit from tracking funds and institutions.
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