Saylor asks MSCI to reject rule that could remove Strategy from global indexes

Michael Saylor has urged MSCI to abandon a proposed screening rule that could remove Strategy from the index provider’s global benchmarks. The proposed screen is expected to affect three companies in November, with Strategy identified as the largest company by a wide margin. Saylor described the rule as “discriminatory,” according to Decrypt. The potential change places Strategy at the center of an upcoming index review and could affect its representation in MSCI’s global indexes if adopted. MSCI has not been reported here as having made a final decision. The proposal is being watched by markets because index eligibility can influence how companies are represented in benchmark-linked portfolios. Further details on the rule and its potential implementation were not provided in the source material.