The Bitcoin Treasury Company SWC will be included in the MSC
The MSCI November index review list shows that UK Bitcoin treasury company SWC will be added to the MSCI UK Micro Cap Index after the close on November 30; in the same review round, Strategy (MSTR) was removed from the MSCI USA Index. As of October 23, SWC held 2,850 BTC.
Event Timeline
- [11-13 08:35] Bitcoin treasury company SWC will be added to the MSCI UK Micro Cap Index on November 30 (Wu Blockchain)
- [11-13 08:36] Bitcoin treasury company SWC will be added to the MSCI UK Micro Cap Index (Odaily Planet Daily)
Background and Impact
On November 13, 2026, Wu Blockchain and Odaily Planet Daily separately reported that, according to the November index review list published by global index provider MSCI, UK Bitcoin treasury company The Smarter Web Company (SWC) will be added to the MSCI UK Micro Cap Index, with the relevant adjustment taking effect after the close on November 30. The two sources are consistent in their description of the company being added, the effective time and the index name, with no factual discrepancies.
In terms of background, SWC is a UK Bitcoin treasury company. The materials show that, as of October 23, the company held 2,850 BTC. In the same round of MSCI index adjustments, another Bitcoin treasury company, Strategy (MSTR), was removed from the MSCI USA Index. In other words, this review round involves two changes at the same time: SWC being added to the MSCI UK Micro Cap Index and MSTR being removed from the MSCI USA Index.
Regarding impact interpretation, index inclusion and removal directly change the constituent lists of the relevant indices, but the materials do not disclose SWC's weight in the index, the scale of funds tracking the relevant indices, or the specific reasons for MSCI's adjustments, so capital inflows and outflows or price impact cannot be quantified on this basis. The confirmable follow-up point is that the adjustment takes effect after the close on November 30; the data on SWC holding 2,850 BTC is as of October 23, and subsequent changes in holdings are outside the scope of these materials.
For ordinary readers, the core of this event is the MSCI constituent adjustment, not trading platform developments. When looking up information such as Gate.io registration and APP download, Bitget registration and APP download, Binance registration and APP download, OKX registration and APP download, and HTX registration and APP download, this should be viewed separately from the above index adjustment news; this article only organizes the MSCI list and the facts already disclosed by the two sources.
Frequently Asked Questions
### When does SWC's inclusion in the MSCI UK Micro Cap Index take effect?
According to the November index review list published by MSCI, the relevant adjustment will take effect after the close on November 30. The reports by Wu Blockchain and Odaily Planet Daily are consistent on the effective time.
### What does this adjustment mean for SWC and MSTR respectively?
SWC will be added to the MSCI UK Micro Cap Index, while MSTR will be removed from the MSCI USA Index. The materials do not disclose weights, fund scale or reasons for the adjustment, so the impact cannot be quantified.
### How much Bitcoin does SWC currently hold?
The materials show that, as of October 23, The Smarter Web Company held 2,850 BTC. This figure is the holdings data point disclosed in the materials; subsequent changes are not mentioned.