MSCI proposed new eligibility rules for its Global Investable Market Indexes (GIMI). The proposal targets non-operating companies that primarily hold assets instead of generating revenue.
MicroStrategy is one of three firms identified for potential deletion from the MSCI ACWI IMI. This analysis is based on market data from May 2026.
The consultation period for these rules ends on September 30, 2026. MSCI expects to announce a final decision by October 16, 2026. Approved changes will take effect during the November 2026 index rebalancing.
Exclusion could trigger significant selling pressure from institutional investors. Many funds and institutional portfolios strictly track MSCI benchmarks.