#StrategySharesFall9%OnFriday
WATCH: Michael Saylor just fired back at MSCI over the push to kick Strategy $MSTR out of its indexes.
Oil and land count as capital, but BTC doesn't? He calls it a value judgment.
Key quotes from Bloomberg interview:
đŹ "We think their position has been disappointing because they're imposing prejudicial values on digital assets and deciding that oil or land or machinery as capital but Bitcoin is not capital is a value judgment"
đŹ "They're acting like an unregistered financial advisor. It's a bad precedent"
đŹ "MSCI might not want Bitcoin. Saylor doesn't care."
Saylor's defense: Strategy is NOT a holding company. "Our product is digital credit â we sell a product that pays 10-12% dividend yield. Insurance sells policy, banks sell credit, we sell digital credit. We are an operating company."
Context: MSTR fell 9.6% Friday on an MSCI proposal to exclude firms considered "non-operating investment vehicles". $2.8B passive holdings at risk. Final list Nov 11, implementation Nov 30.
MSCI might not want Bitcoin. Saylor doesn't care. đ
What's your take? Should Bitcoin count as capital?
#Bitcoin #MSTR #MSCI #Crypto
$BTC $MSTR
WATCH: Michael Saylor just fired back at MSCI over the push to kick Strategy $MSTR out of its indexes.
Oil and land count as capital, but BTC doesn't? He calls it a value judgment.
Key quotes from Bloomberg interview:
đŹ "We think their position has been disappointing because they're imposing prejudicial values on digital assets and deciding that oil or land or machinery as capital but Bitcoin is not capital is a value judgment"
đŹ "They're acting like an unregistered financial advisor. It's a bad precedent"
đŹ "MSCI might not want Bitcoin. Saylor doesn't care."
Saylor's defense: Strategy is NOT a holding company. "Our product is digital credit â we sell a product that pays 10-12% dividend yield. Insurance sells policy, banks sell credit, we sell digital credit. We are an operating company."
Context: MSTR fell 9.6% Friday on an MSCI proposal to exclude firms considered "non-operating investment vehicles". $2.8B passive holdings at risk. Final list Nov 11, implementation Nov 30.
MSCI might not want Bitcoin. Saylor doesn't care. đ
What's your take? Should Bitcoin count as capital?
#Bitcoin #MSTR #MSCI #Crypto
$BTC $MSTR