MSCI Decides Not to Drop Strategy and Bitcoin Treasury Firms From Its Indexes

MSCI has decided not to remove Strategy and other Bitcoin treasury companies from its indexes, according to a report originally published by Startup Fortune. The decision preserves the companies’ index inclusion rather than excluding them because of their Bitcoin-focused treasury strategies.

Strategy, formerly known as MicroStrategy, is widely known for holding Bitcoin as a corporate treasury asset. Companies described as Bitcoin treasury firms typically allocate part of their corporate balance sheets to Bitcoin, making their shares a way for some investors to gain indirect exposure to the asset through public equities.

MSCI is a major global index provider whose benchmarks are used by investors, funds and market participants to track equity markets and construct portfolios. Inclusion or removal from an index can matter because index-linked products may use those benchmarks when determining holdings.

The outcome keeps Strategy and the affected Bitcoin treasury firms within the relevant MSCI indexes for now. It also highlights the continuing debate over how traditional equity indexes should treat public companies whose financial profiles are significantly influenced by digital-asset holdings.