Strategy Opposes MSCI Proposal, Says Bitcoin Treasury Firms Are Being Targeted a Second Time

Bitcoin Magazine Strategy Opposes MSCI Proposal, Says Bitcoin Treasury Firms Are Being Targeted a Second Time Bitcoin treasury Strategy has blasted Morgan Stanley Capital International’s proposal to exclude it from its Global Investable Market Indexes, calling it “misguided” and “flawed.”  Writing in a letter to MSCI Monday, the Nasdaq-listed Bitcoin behemoth’s founder, Michael Saylor, and CEO, Phong Le, said that the company was discriminating against digital asset businesses.  MSCI said earlier this month that it was consulting on a plan to define “non-operating companies” and make them ineligible for its Global Investable Market Indexes.

The removal of such companies would exclude firms like Strategy from indexes visible to a large pool of institutional investors.  Strategy responded today to MSCI’s proposed “non-operating company” exclusion.

While not material to $MSTR, the proposal is misguided, flawed, and conflicts with established securities laws and accounting principles.

Read our letter and share your support: https://t.co/Vup3T5TbvY— Strategy (@Strategy) August 31, 2026 MSCI’s latest proposal comes after the company in 2025 proposed excluding from its indices all companies whose digital-asset holdings represent 50% or more of total assets.  “MSCI’s continued effort to discriminate against digital assets is misguided and calls into question MSCI’s neutrality and reliability,” Strategy’s letter read.  It added: “The proposal, like the 2025 proposal that MSCI withdrew, is discriminatory, arbitrary, and misguided.