Strategy’s Michael Saylor on potential MSCI exclusion: ‘We’re engaging’

Michael Saylor, founder of Strategy, stated that the company is actively engaging with MSCI concerning the potential exclusion of its common stock (MSTR) from MSCI indexes, following MSTR's inclusion during the 2024 Bitcoin rally. Saylor expressed uncertainty regarding JPMorgan's estimate that an exclusion could cause $2.8 billion in outflows. The potential exclusion of Digital Asset Treasuries (DATs), including Strategy, is under consultation by MSCI until December 31, 2025. Saylor acknowledged that Strategy's equity is inherently volatile because it is built on amplified Bitcoin exposure. Despite recent stock volatility and Bitcoin's decline, Strategy recently launched a $1.44 billion reserve to support preferred stock dividends and debt interest, and increased its Bitcoin holdings to 650,000 BTC.

(Source：Cointelegraph)