Strategy CEO Challenges MSCI Bitcoin Exclusion Proposal

Strategy CEO Challenges MSCI Bitcoin Exclusion Proposal
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Strategy CEO compares MSCI’s crypto exclusion proposal to penalizing Chevron for holding oil assets on its balance sheet.
MSCI consulting on removing firms with over 50% digital assets from indexes through the December 31st deadline.

Strategy​‍​‌‍​‍‌​‍​‌‍​‍‌ CEO Phong Le disagreed with MSCI’s idea of removing companies that have a large amount of crypto on their financials from their index, saying that the move was unfair and that it did not match the way traditional industries were treated. Le argues that the move by the index provider to consider the exclusion of companies whose treasuries are dominated by digital assets in the October announcement is at odds with the way firms in the traditional sector have been ​‍​‌‍​‍‌​‍​‌‍​‍‌handled. 
CEO Draws Parallels with Traditional Industries
Phong Le​‍​‌‍​‍‌​‍​‌‍​‍‌ made an analogy between the removal of the proposed exclusi

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