According to CoinMeta, as reported by Coin Bureau, the MSCI rule returned on the same day that Bitcoin plummeted by 14%, and the strategy along with Metaplanet are currently undergoing testing. The first attempt of MSCI occurred on October 10th, when $19 billion in leverage was cleared, and its return now threatens that two of the largest Bitcoin funds may be expelled from the index. The new screening criteria target all types of "non-operating companies," bypassing the defense of Saylor, which argues that cryptocurrencies are being targeted separately. With an index value of $23.9 billion, this strategy makes it the largest company facing deletion in MSCI's own simulations. JPMorgan predicts that if other index providers follow suit, the strategy could face forced sales of up to $8.8 billion. A final decision will be made on October 16th, and deletions may take place in November. The strategy responded, "Bitcoin does not need MSCI, nor does the strategy."