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Strategy has sent a letter to MSCI opposing a proposal to exclude non-operating companies from the MSCI Global Investable Market Index, arguing the move is misleading and flawed and discriminates against cryptocurrency companies.
The company also questioned MSCI’s fairness and credibility. MSCI had earlier said it was reviewing changes to eligibility requirements for the Global Investable Market Index, and that Strategy, Metaplanet and others could be removed from the index if the revised rules are adopted.