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 exceeding 50% of total assets from the global investable market index. The letter points out that DATs like Strategy are operating companies, not investment funds, with business innovation capabilities and actual revenue sources. The proposal would constitute undue interference with innovation and capital formation, weaken the U.S.'s leadership in the digital asset sector, and impact the allocation of billions of dollars in passive funds. Strategy suggests MSCI extend the consultation period and avoid discriminatory rules.