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Strategy challenges MSCI over Bitcoin index rules
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Strategy challenges MSCI over Bitcoin index rules

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  • Strategy has opposed MSCI’s proposal to exclude certain non-operating companies from its global indexes.
  • Strategy shares closed at US$132.32 on August 31, up 3.97%.
  • MSCI will accept feedback until September 30 before announcing its decision by October 16.

Strategy has opposed MSCI’s proposed rules that could remove some companies from its global indexes.

MSCI’s proposal would screen companies for operating assets, then test five financial ratios, with four failures triggering exclusion.

“MSCI’s continued effort to discriminate against digital assets is misguided and calls into question MSCI’s neutrality and reliability,” Strategy said in its letter to MSCI.

Strategy argues that its Bitcoin (CRYPTO:BTC) treasury operations make it an operating business rather than an investment fund, while MSCI has not singled out Strategy by name in its proposal.

Following the announcement, Strategy shares closed at US$132.32, up 3.97%, while MSCI plans to publish consultation results by October 16.

The consultation will close on September 30, and any approved changes are proposed for the November 2026 index review.

MSCI previously considered excluding digital asset treasury companies, but decided in January 2026 to seek broader feedback on non-operating companies instead.

At the time of reporting, Bitcoin price was $78,543.17.

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