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Strategy surges 6% on MSCI decision not to exclude DATs from indexes
Shares of the Michael Saylor-led firm had been under pressure not just from weak bitcoin prices, but also the chance that the indexing giant might exclude DATs from its indexes.
By Stephen Alpher
Updated Jan 6, 2026, 9:30 p.m. Published Jan 6, 2026, 9:25 p.m.
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Strategy Chairman Michael Saylor (Gage Skidmore/CC BY-SA 2.0/Modified by CoinDesk)
What to know:
- Strategy (MSTR) shares rose 6% in after-hours trading after MSCI's decision on digital asset treasury companies.
- MSCI stated that distinguishing between investment companies and those holding digital assets requires further research.
- The current index treatment for companies with digital assets making up 50% or more of their total assets will remain unchanged.
Strategy (MSTR) is ahead 6% in after-hours trading on Tuesday after MSCI decided not to exclude digital asset treasury companies (DATs) from its indexes.
"Distinguishing between investment companies and other companies that hold non-operating assets, such as digital assets, as part of their core operations rather than for investment purposes requires further research and consultation with market participants," said MSCI in a statement. "For instance, assessing index eligibility across a range of these types of entities may require additional inclusion assessment criteria, such as financial-statement-based or other indicators."
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"For the time being, the current index treatment of DATCOs identified in the preliminary list published by MSCI of companies whose digital asset holdings represent 50% or more of their total assets will remain unchanged," MSCI continued.
Under pressure for most of the day, the price of bitcoin BTC$93,579.26 added about 1% on the news as well, now trading at $93,500.
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