PHONG LE: ARE BITCOIN COMPANIES BEING UNFAIRLY TARGETED?
Strategy CEO Phong Le says MSCI’s proposal to exclude companies holding over 50% of their balance sheet in Bitcoin would unfairly penalize Strategy and other $BTC treasury firms.
He compares it to removing Chevron for holding oil, Weyerhaeuser for wood, or Simon Property Group for real estate : none of which face exclusion. Strategy has formally challenged the proposal.
Morgan Stanley Capital International will announce its final decision
Strategy CEO Phong Le says MSCI’s proposal to exclude companies holding over 50% of their balance sheet in Bitcoin would unfairly penalize Strategy and other $BTC treasury firms.
He compares it to removing Chevron for holding oil, Weyerhaeuser for wood, or Simon Property Group for real estate : none of which face exclusion. Strategy has formally challenged the proposal.
Morgan Stanley Capital International will announce its final decision