MSCI Abandons Plan to Exclude Companies Holding Significant Digital Currency Holdings

MSCI, a major index provider, has reversed its decision to exclude companies holding over 50% of their assets in digital currencies from its indexes. The move was targeted at about 39 firms, including Strategy (formerly MicroStrategy), which holds a significant Bitcoin treasury.

Strategy argued that it operates as an active business using Bitcoin as capital, not a passive investment, and formally opposed the exclusion plan.

MSCI ultimately decided to preserve the index inclusion of these companies, maintaining institutional demand and liquidity benefits for firms holding Bitcoin on their balance sheets.