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Strategy’s Response to MSCI’s Proposed DAT Exclusion

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MSCI proposes to exclude digital asset treasuries (“DATs”), like Strategy, from MSCI’s Global Investable Market Indexes. We strongly disagree with MSCI’s proposal for the following reasons:

  • DATs are operating companies, not investment funds.
  • The proposal’s digital-asset-specific 50% threshold is arbitrary, discriminatory, and unworkable.
  • The proposal improperly injects policy considerations into indexing.
  • The proposal conflicts with U.S. policy and would stifle innovation.

We ask MSCI to revoke its proposal. Please voice your support by registering below and sharing our letter on X and LinkedIn.

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