Strategy Accuses MSCI of Discrimination in Proposal to Exclude Crypto Firms from Index
BitcoinWorld Strategy Accuses MSCI of Discrimination in Proposal to Exclude Crypto Firms from Index Business intelligence firm Strategy has formally opposed a proposal by index provider MSCI that could lead to the removal of cryptocurrency-focused companies from its widely tracked Global Investable Market Index.
In a letter sent to MSCI, the company argued that the proposed changes are misleading, flawed, and discriminatory against digital asset firms.
Background of the MSCI Proposal MSCI earlier announced a consultation on revising eligibility requirements for its Global Investable Market Index, which serves as the foundation for numerous exchange-traded funds and institutional portfolios.
Under the proposed rules, companies classified as “non-operating” could be excluded. This would affect firms like Strategy and Japan’s Metaplanet, which hold substantial bitcoin reserves as part of their treasury strategy.
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