[Strategy Submits Formal Objection to MSCI's Proposal to Exclude 'Digital Asset Financial Companies'] According to an open letter submitted by Strategy to MSCI, the company strongly opposes MSCI's proposal to exclude companies with digital assets accounting for more than 50% of total assets from the global investable market indices. The letter states that DATs like Strategy are operating companies rather than investment funds, possessing business innovation capabilities and actual revenue sources. The proposal would constitute undue interference with innovation and capital formation, weaken the United States' leadership in the digital asset sector, and impact the allocation of billions of dollars in passive funds. Strategy recommends that MSCI extend the consultation period and avoid discriminatory rules.