Strategy Opposes MSCI Index Methodology Changes Threatening Inclusion

Strategy rejects MSCI's non-operating firm criteria, warning of potential exclusion from global equity indexes. The proposal targets firms with high digital asset holdings, citing neutrality concerns.

Woofun AI reports that Strategy has publicly criticized MSCI's proposed methodology for identifying "non-operating companies," which could lead to its removal from global equity indexes. The company stated on X that "Digital assets are assets" and argued that index providers should measure markets rather than dictate corporate asset ownership. Strategy claimed the proposal conflicts with regulators and market realities, asserting that neither bitcoin nor Strategy requires MSCI validation.

The new financial-ratio screen, using May 2026 data, would have excluded Strategy, Metaplanet, and Yellow Cake from the MSCI ACWI IMI. This follows Strategy's December 2025 objection to a prior proposal excluding firms with over 50% digital assets. Strategy maintains it is an operating company with software and treasury operations, not a passive vehicle. MSTR shares fell 4.3% on Friday as bitcoin dropped to $62,600.