MSCI Considers Excluding Crypto-Heavy Companies
Update: 2025-12-11
Description
MSCIs proposed exclusion of companies with more than 50% of assets in cryptocurrency, like Bitcoin, is sparking controversy. Phong Le, CEO of Strategy, a company with significant Bitcoin holdings, argues against this move, citing double standards. He compares it to traditional companies with concentrated assets, like Chevron in oil and Weyerhaeuser in timber, which are not facing exclusion. Strategy has released a letter to MSCI, urging a neutral stance. The consultation period ends December 31st, with a public announcement expected January 15th, and potential changes taking effect in February.
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