MSCI wants to kick Strategy off global equity indexes. Their proposed "non-operating company" rules target firms holding significant digital assets – specifically, companies like Strategy and Metaplanet that hold bitcoin as a treasury asset.
Strategy is fighting back. They argue index providers measure markets, not dictate what public companies own.
Our take: This isn't about index rules. It's mainstream finance still failing to grasp bitcoin as a treasury asset. Strategy runs a software business, active treasury operations, and bitcoin-backed credit. It's an operating company. MSCI is out of step.
BTC trades at $62,611, below its 24h range, with an RSI(14) of 28. A drop below $62,573 would be a fresh 7-day low. $BTC
Strategy is fighting back. They argue index providers measure markets, not dictate what public companies own.
Our take: This isn't about index rules. It's mainstream finance still failing to grasp bitcoin as a treasury asset. Strategy runs a software business, active treasury operations, and bitcoin-backed credit. It's an operating company. MSCI is out of step.
BTC trades at $62,611, below its 24h range, with an RSI(14) of 28. A drop below $62,573 would be a fresh 7-day low. $BTC