Michael Saylor, executive chairman of Strategy, has criticized MSCI's proposal to exclude companies with significant cryptocurrency holdings from its indices. Saylor described the plan as "biased" and "harmful," arguing that it unfairly targets digital asset companies by imposing a 50% asset threshold. Strategy contends that this rule isolates crypto firms while ignoring similar exposures in sectors like oil and gold. Strategy warns that if MSCI implements the proposal by January 15th, it could have severe consequences. The firm emphasizes its active use of Bitcoin to generate shareholder returns, contrasting with passive investment funds. Strategy also questions MSCI's role as a neutral standard-setting body, suggesting the proposal undermines index neutrality.