MicroStrategy Opposes MSCI Proposal to Exclude Bitcoin-Holding Firms

MicroStrategy has sent a formal letter to MSCI, challenging a proposal to remove "non-operating companies" from its Global Investable Market Indexes. Founder Michael Saylor and CEO Phong Le criticized the proposal as misleading, flawed, and discriminatory against digital asset-focused enterprises, questioning MSCI's impartiality. MSCI is currently consulting on the definition of non-operating companies, a move MicroStrategy claims is a repeat of a previously withdrawn 2025 proposal. MicroStrategy asserts its status as an operating company with 1,500 employe