Michael Saylor’s Approach Aims to Retain MSTR’s Position in MSCI

Michael Saylor’s Strategy remains committed to ensuring its common A stock (MSTR) retains its position in the MSCI indexes after joining the MSCI World Index during the Bitcoin surge in 2024.

As MSCI Global Standard Indexes consults on possibly removing MSTR and other digital asset treasuries (DATs) from its indexes, Saylor stated that the company is actively in communication with the index provider regarding this matter, as reported by Reuters on Wednesday.

“We’re participating in that process,” the founder mentioned, while expressing uncertainty about JPMorgan’s projections that a potential exclusion from the MSCI could result in $2.8 billion in outflows.

MSCI had originally announced that MSTR would be included in its indexes in May 2024, making it one of the three largest additions to the MSCI World Index.

What is the MSCI World index?

Introduced in 1986 by its original creator, Morgan Stanley Capital International (MSCI), the MSCI World index is a major global stock market index that tracks over 1,300 large and mid-cap firms across 23 developed nations.

Among its leading constituents, the MSCI World index features technology leaders like Nvidia and Apple, which together comprise more than 10% of the index.

Strategy’s MSTR joined the MSCI World index in May 2024, roughly three years after the company began acquiring Bitcoin (BTC) as part of its DAT strategy, by which time it had accumulated 214,000 BTC.

DATs have been plummeting after booming in July 2025

After experiencing a surge in July 2025, many DATs, including Strategy and other firms like Japanese Metaplanet, have faced challenges, with stocks declining to multi-month lows.

By mid-October, Metaplanet’s enterprise value fell below the worth of its BTC holdings, an unprecedented situation that carries significant implications for the broader DAT sector.

Related: Strategy will sell Bitcoin as a ‘last resort’ if mNAV drops, capital is unavailable: CEO

On Oct. 10, MSCI released an official announcement concerning the potential exclusion of DATs from its indexes, with the consultation open until Dec. 31, 2025, and final decisions to be made by Jan. 15, 2026.

Regarding the volatility of DATs’ stock, Saylor remarked that equity would “be volatile because the company is built on amplified Bitcoin.”

“If Bitcoin drops 30% or 40%, then the equity is going to drop more, because the equity is designed to fall,” he reportedly stated on the sidelines of a Binance event in Dubai on Wednesday.