Michael Saylor drops bold Bitcoin call ahead of major index review

Michael Saylor urged MSCI not to exclude companies with significant digital-asset holdings from its indexes, arguing that such a move would unfairly target Bitcoin-focused firms like Strategy. The index provider is reviewing whether companies whose digital assets make up at least half their assets should remain eligible, with a decision expected in January. An exclusion could pressure Strategy’s share demand and complicate its ability to raise capital for Bitcoin purchases, though it would not directly change Bitcoin’s protocol or holdings.