MSTR - MICROSTRATEGY’S SAYLOR DEFENDS BUSINESS AMID MSCI INDEX CONCERNS JPMorgan warns exclusion from indices could trigger 2.8B–8.8B in outflows, hurting valuation, liquidity, and capital raising. Saylor reiterated: “Index classification doesn’t define us” and the company’s conviction in Bitcoin is unwavering. MicroStrategy Chairman Michael Saylor emphasized that the company is not a passive investment vehicle amid worries about potential removal from major indices like the Nasdaq 100 and MSCI USA/World. He highlighted MSTR’s 500M software business, Bitcoin-backed treasury strategy, five digital credit offerings totaling 7.7B, and the launch of Stretch, a Bitcoin-backed credit instrument with variable USD yields.(*Walter Bloomberg)