Saylor Pushes Back: “MicroStrategy Is Not a Fund”

[ed]

MicroStrategy CEO Michael Saylor has rejected the idea that his company should be classified as an investment fund under MSCI’s ongoing review.
Saylor insists MicroStrategy is an operating company, powered by a $500M software business and a “productive Bitcoin-backed treasury strategy.”
The MSCI consultation could force MSTR out of major equity indexes — a move that risks billions in passive outflows ahead of the Jan. 15, 2026 decision.

[Nahid Hossen]

He’s making it clear they’re playing a different game entirely.

[Abdul Khan]

People keep misunderstanding MicroStrategy’s strategy lol.