Strategy Inc. challenges MSCI plan to exclude Digital Asset Treasury firms with crypto holdings of 50% or more from Global Investable Market Indexes

On December 10, Strategy Inc., described as the world’s largest Bitcoin treasury company, sent MSCI a formal response opposing its plan to remove Digital Asset Treasury Companies with crypto holdings of 50% or more of total assets from the Global Investable Market Indexes. The firm argues DATs are operating businesses rather than investment funds, the company said in its letter. It warns the 50% threshold is arbitrary and could destabilize the indexes. Strategy urges MSCI to scrap the proposal or extend the consultation for a more thorough review.