Michael Saylor: MSCI Is Biased Against Digital Assets

On October 14, 2026, Strategy Executive Chairman Michael Saylor said in a Bloomberg interview that MSCI is biased against digital assets, recognizing oil, land, and machinery as capital while refusing to recognize Bitcoin. He emphasized that, like banks and insurance companies, Strategy holds assets and sells financial products—specifically digital credit—and is therefore an operating company. If holding financial assets were grounds for exclusion from an index, the same logic should apply to banks and insurance companies. He also said the amount of capital affected by MSCI’s decision is limited and would have little impact on the company.