BTC $62,808.43 -0.98%
ETH $1,875.29 -0.04%
BNB $603.96 -1.02%
XRP $1.00 -0.41%
SOL $75.45 -0.26%
TRX $0.3331 -0.11%
DOGE $0.0694 -0.97%
ADA $0.1799 -2.48%
BCH $205.38 -3.59%
LINK $8.83 +1.76%
HYPE $56.59 -1.35%
AAVE $86.32 -2.42%
SUI $0.6763 -1.54%
XLM $0.1591 -0.72%
ZEC $486.80 -0.98%
BTC $62,808.43 -0.98%
ETH $1,875.29 -0.04%
BNB $603.96 -1.02%
XRP $1.00 -0.41%
SOL $75.45 -0.26%
TRX $0.3331 -0.11%
DOGE $0.0694 -0.97%
ADA $0.1799 -2.48%
BCH $205.38 -3.59%
LINK $8.83 +1.76%
HYPE $56.59 -1.35%
AAVE $86.32 -2.42%
SUI $0.6763 -1.54%
XLM $0.1591 -0.72%
ZEC $486.80 -0.98%

meta

Meta Platforms, Inc., formerly known as Facebook, Inc., is a global leader in social media and technology, founded in 2004 and headquartered in California, USA. In 2021, the company rebranded to Meta, marking its strategic shift towards the development of the metaverse, aiming to create immersive digital experiences through virtual reality (VR) and augmented reality (AR) technologies. Meta's exploration in the blockchain and cryptocurrency space includes digital currency projects and the development of decentralized applications, although its main business still focuses on social networking and advertising services.
All
Article
Flash

first_img MSCI's new proposal may exclude Strategy and Metaplanet from the global investable index

According to CoinDesk, the index provider MSCI has launched a new round of consultations, proposing to exclude so-called "non-operating companies" from its Global Investable Market Indexes. This classification will no longer use the proportion of crypto assets as the sole threshold but will adopt a two-step screening process: first, it will check whether operating assets exceed 50% of total assets; those that do not pass will then be assessed based on five financial ratios: operating asset intensity, expense intensity, cash flow, fair value intensity, and capital dependence. If at least four of these do not meet the standards, they will not qualify for inclusion.If the current data is applied to the MSCI ACWI IMI Index, Bitcoin-holding companies Strategy (MSTR), Metaplanet (3350), and uranium holder Yellow Cake will be excluded. Strategy has cumulatively held approximately 840,400 BTC since 2020, while Metaplanet holds about 43,000 BTC. MSCI's description of "non-operating companies" refers to businesses that create value by accumulating and holding non-operating assets, have limited operating cash flow, and rely on external financing for expansion.The consultation for collecting opinions will end on September 30, with results expected to be announced around October 16; even if approved, the related adjustments will not take effect until the index review in November 2026 at the earliest. Previously, a consultation in October 2025 regarding "digital asset treasury" companies, which set a standard of 50% for crypto asset proportion, had caused market fluctuations and industry opposition, ultimately being postponed.
app_icon
ChainCatcher Building the Web3 world with innovations.