MSTR Executive Chairman Speaks Out Again as MSCI Concerns Mount
Michael Saylor defended MicroStrategy's status after JPMorgan warned MSCI might exclude the company from equity indices.Summary
MicroStrategy (MSTR) Executive Chairman Michael Saylor publicly addressed mounting investor concerns for the second time in two weeks, following a warning from JPMorgan that an upcoming MSCI decision could lead to MSTR's exclusion from major equity indices, potentially causing further volatility. Saylor reiterated on X that MicroStrategy is an operating company with a core $500 million software business, not a passive fund or holding company. He stressed that its unique treasury strategy uses bitcoin as productive capital and highlighted the company's active role in structuring and issuing digital credit securities, citing over $7.7 billion in notional value from five public offerings this year. Saylor concluded that no passive vehicle could replicate what MicroStrategy has built, as MSTR shares continued to trade down.
(Source：CoinDesk)