[Saylor Criticizes MSCI for Bias Against Digital Assets, Asserts Strategy is an Operating Company] BlockBeats News, October 18 — Strategy founder Michael Saylor recently expressed disappointment on a Bloomberg program regarding MSCI's stance to exclude companies like Strategy from global stock indices. He argued that treating oil, gas, land, and machinery as capital while not recognizing Bitcoin as capital reflects a biased value judgment and resembles the behavior of an unregistered investment advisor. While this exclusion has limited impact on Strategy, Saylor hopes MSCI will reconsider. He emphasized that Strategy is an operating company whose product is 'digital credit,' categorizing it alongside banks and insurance companies as financial operating enterprises, rather than a holding company. Previously, MSCI finalized rules to exclude 'non-operating companies' from global investable market indices, set to take effect after the market close on November 30, with the final list of affected companies to be announced on November 11. [Original Link]