Global Index Maker MSCI Defers Decision on Dropping Crypto-Focused Companies

Global index provider MSCI has deferred a decision on whether to change how it treats companies with significant digital asset exposure, maintaining the status quo after a consultation that raised questions around classification, balance sheet volatility, and index construction. Results of the review published Tuesday covered so-called digital asset treasury companies, or DATCOs, a category that includes firms whose balance sheets are heavily weighted toward holdings such as Bitcoin or other crypto assets. ...