Saylor Strikes Back: Strategy Slams MSCI’s Flawed Index Test

Michael Saylor and MicroStrategy publicly rebuked MSCI’s recent index test, calling its methodology flawed and saying it misrepresents corporate Bitcoin holdings. They argued MSCI’s approach undercounts or misclassifies BTC on company balance sheets, producing misleading index results. The dispute highlights that index-provider methodology materially shapes institutional exposure and market narratives about corporate Bitcoin adoption. If index methodologies are revised to recognize corporate Bitcoin more accurately, it could increase institutional recognition and potential demand for Bitcoin.