MSCI Maintains Digital Asset Companies in Its Global Indices

MSCI Announces Retention of Digital Asset Companies in Its Global Indices

MSCI has confirmed that it will retain digital asset companies in its global indices, emphasizing investor feedback and the need for more in-depth analysis of non-operational firms. This announcement follows a 5.7% increase in the shares of Michael Saylor's strategy after MSCI decided not to exclude digital asset companies from its market index.

In a note published on Tuesday, MSCI indicated that digital asset companies (DAC) will undergo broader consultations from a larger group of entities whose business activities are more investment-oriented rather than operational: "This broader review aims to ensure consistency and ongoing alignment with the overall objectives of MSCI Indices, which seek to measure the performance of operational companies and exclude entities whose primary activities are investment in nature."

The maintenance of inclusion ensures that DACs remain eligible for passive index funds, supporting demand and liquidity while expanding institutional ownership of digital assets. This comes at a time when strategies and the majority of other DACs have seen their shares decline in the second half of 2025, amid questions regarding the sustainability of these strategies. According to Google Finance data, Strategy, the largest crypto treasury firm with 673,783 Bitcoin (BTC) valued at nearly $63 billion, saw a 5.7% increase at the end of trading session.