TLDR
- Strategy stock rose 6% in after-hours trading after MSCI kept digital asset treasury companies in its indexes
- MSCI defines digital asset treasury companies as firms with crypto holdings of 50% or more of total assets
- The decision protects billions in passive capital flows for Strategy and 190+ publicly traded companies holding Bitcoin
- Strategy dropped 4.1% during regular trading but rallied after MSCI announced it needs more research before making changes
- Bitcoin gained 1% to $93,500 following the announcement as crypto treasury stocks climbed
Strategy stock surged 6% in after-hours trading Tuesday following MSCI’s decision to maintain digital asset treasury companies in its global indexes. The announcement reversed earlier losses and secured billions in passive investment flows.
MSCI stated it will keep crypto treasury firms in its benchmarks while conducting further research. The indexing giant needs more time to establish criteria for companies holding large digital asset positions.
Strategy stock fell 4.1% during regular Tuesday trading. The decline reversed quickly when MSCI released its statement after market close.
MSCI defines digital asset treasury companies as firms where crypto represents 50% or more of total assets. Strategy holds 673,783 Bitcoin, the world’s largest corporate Bitcoin position.
MSCI Index Status Protects Billions in Flows
Index inclusion drives billions in passive investment capital. Funds tracking MSCI benchmarks would have been forced to sell excluded stocks.
The potential exclusion threatened Strategy and similar firms with massive capital outflows. Passive funds automatically buy and sell based on index composition changes.
Other crypto treasury stocks gained in after-hours trading. Bitmine Immersion, Sharplink, and Twenty One Capital posted increases following the MSCI news.
MSCI said distinguishing between investment firms and operating companies holding crypto requires more study. The company plans consultations with market participants before implementing new eligibility rules.
Strategy Stock Benefits from Crypto Treasury Trend
Over 190 publicly traded companies now hold Bitcoin on their balance sheets. The crypto treasury trend accelerated through 2024 and 2025.
Many companies launched Ethereum, Solana, and altcoin treasury strategies over the past year. These firms buy and hold digital assets as core business operations.
Crypto treasury stocks faced selling pressure in late 2024. Investors questioned whether the business model could sustain itself long-term.
Strategy shares dealt with both weak Bitcoin prices and MSCI uncertainty. The double pressure pushed the stock down during regular trading hours.
Bitcoin added 1% after the MSCI announcement. The cryptocurrency traded near $93,500 following the news.
MSCI will review financial statements and other metrics to assess future eligibility criteria. All companies on MSCI’s preliminary digital asset treasury list maintain current index status.
The continued inclusion preserves liquidity and demand for crypto treasury stocks. It also supports institutional ownership of digital assets through passive investment vehicles.
“This broader review is intended to ensure consistency and continued alignment with the overall objectives of the MSCI Indexes,” MSCI stated. The indexes focus on measuring operating company performance.
Strategy currently trades with 673,783 Bitcoin holdings valued at current market prices. Other firms holding Bitcoin positions also benefited from the MSCI decision to delay any exclusion actions.
