TechFlow, December 11 — Michael Saylor, founder and CEO of Strategy, posted on social media stating that restricting passive index investments in BTC is akin to restricting investments in oil and oil drilling platforms in the 1900s, restricting investments in spectrum and mobile towers in the 1980s, or restricting investments in computing and data centers in the 2000s.
Previously, MSCI considered removing companies with over 50% exposure to digital assets from its major indices, raising market concerns that Strategy might be excluded from key stock indices. Yesterday, Strategy responded by formally requesting MSCI to withdraw the proposal.
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