Morning Edition · Friday, August 14, 2026Published at 1:52 AM EDT · New York
The proposal arrives as digital-asset treasury companies pledge growing shares of their coins as loan collateral and early backers exit.

MSCI has proposed a screen for non-operating companies that could remove Strategy and Metaplanet from its global indexes in November if adopted. The index provider consulted last year on excluding companies holding half or more of their ass…
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Leveraged Bitcoin Treasury Vehicles Show Financing Strain
Over ~3-9 months, Bitcoin treasury companies face mounting financing stress as their funding instruments trade below par on dividend-coverage doubts, testing the sustainability of the debt/preferred-funded accumulation model.
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