MSCI Spares MicroStrategy – But the Bitcoin Debate Rages On! 💸

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MSCI, that paragon of wisdom, has spared MicroStrategy from the abyss of exclusion, thereby quelling the howls of panic from the Bitcoin faithful. 🐴

Yet, like a fool who thinks a feather duster can clean a swamp, the ruling has only deepened the mire. Is MicroStrategy a business or a leveraged ETF dressed as a corporate titan? A question as profound as why the moon shines at night! 🌙

MSCI Decision Defuses Immediate Sell-Off but Sparks Deeper Debate Over MicroStrategy

In a move as dramatic as a peasant rising to challenge a tsar, MSCI declared: “No, we shall not exclude DATCOs from our indexes.” A triumph for the Bitcoin crowd, though one suspects the index provider is merely delaying the inevitable. 🧠

MSCI confirmed Digital Asset Treasury Companies will remain in MSCI Indexes for the Feb 2026 review. A strong outcome for neutral indexing and economic reality. Thank you to our investors and the $BTC community.

– Strategy (@Strategy) January 6, 2026

But lo! MSCI warns: “We shall scrutinize non-operating companies!” A grand inquiry into the soul of capitalism, as if the market were a priestess reading tea leaves. 🧙‍♂️

For now, DATCOs stay, but with shackles. MSCI’s constraints are as binding as a serf’s chain: no share increases, no foreign inclusion, no hope. A prison of numbers, if you will. 📏

  • It will not increase the Number of Shares, Foreign Inclusion Factor, or Domestic Inclusion Factor for these securities, and
  • It will defer additions or size-segment migrations.

Thus, MicroStrategy’s index footprint is frozen, like a peasant in a snowstorm. A cruel joke for those who thought Bitcoin was a golden goose. 🐔

The market erupted in chaos, or as the investors call it, “excitement.” Strategy, that paragon of corporate identity, clapped its hands in glee, while critics muttered about the impending doom. 🤡

“MSTR will remain in MSCI indexes,” Saylor articulated.

And so, the Bitcoin faithful rejoice, though one wonders if their joy is as fleeting as a candle in a hurricane. ⚡

“…many big accounts were talking about a doom loop and billions of dollars of stock being sold,” stated Investor Zynx, but that closer analysis showed the risk was exaggerated. “We can put this behind us and continue to build on a strong start to 2026.”

Critics Warn MSCI Ruling Only Postpones the MicroStrategy Reckoning

Critics, ever the voice of reason, argue that MSCI’s decision is but a temporary reprieve. Andy Constan, that voice of sanity, calls MicroStrategy “a 1.27 times levered ETF trading at its NAV and paying 10% for its leverage.” A financial circus, if you ask me. 🎪

$MSTR is now a 1.27 times levered ETF trading at its NAV and paying 10% for its leverage. It was always this and was never anything other than this despite the nonsense from the silly investors, the company and its founder. It has no GAAP earnings despite the practically…

– Andy Constan (@dampedspring) January 6, 2026

Thus, MicroStrategy is not a company but a “risky, leveraged Bitcoin fund,” a notion as sensible as a pig wearing a crown. 🐷

Analyst Novacula Occami, ever the skeptic, scoffs at STRC: “It is equity that is subordinate to all creditors, with no legal claim on any asset, including the sainted BTC.” A financial Jenga tower, teetering on the edge of collapse. 🧱

“STRC is not even credit. It is equity that is subordinate to all creditors,” with “no legal claim on any asset, including the sainted BTC,” Occami explained.

Even the bullish admit the MSCI outcome is less “victory” and more “delayed apocalypse.” Finch, that voice of reason, notes: “New issuance will no longer generate incremental passive buying from index rebalancing.” A bleak forecast, indeed. 🌑

MSCI’s own words betray the uncertainty: “DATCOs may be predominantly investment-oriented rather than operational.” A confession as clear as a thief’s grin. 🤡

Thus, MicroStrategy’s Bitcoin premium stands, like a lone goose in a field of ducks, under the watchful eye of the market’s gaze. 🦆

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2026-01-07 10:08