Michael Saylor refutes MSCI exclusion risk: Index classification does not define us

BlockBeats News, November 21, Michael Saylor responded in a post to the risk that global financial index company MSCI might remove Strategy (MSTR) from its stock indices: Strategy is not a fund, not a trust, nor a holding company, but a publicly listed operating company with a $500 million software business, while executing a unique treasury strategy—using bitcoin as productive capital. Just this year, it has completed five public offerings of digital credit securities—STRK, STRF, STRD, STRC, and STRE—with a total notional value exceeding $7.7 billion. It has also launched Stretch (STRC), a revolutionary bitcoin-backed treasury credit instrument that provides variable monthly USD yields for institutional and retail investors, while funds and trusts merely passively hold assets.

Strategy is the party that creates, structures, issues, and operates. The team is building an entirely new corporate form—a bitcoin-backed structured financial company capable of continuous innovation in both capital markets and software. No passive investment tool or holding company can do what we are doing. Index classification does not define us. Strategy’s strategy is long-term, with unwavering conviction in bitcoin and a mission that has never changed: to build the world’s first digital currency institution based on sound money and financial innovation.