PANews reported on November 21 that Michael Saylor, founder and executive chairman of Strategy, responded to questions regarding the MSCI index. He emphasized that Strategy, as a publicly traded and operating company, is fundamentally different from funds, trusts, and holding companies. Strategy not only has a $500 million software business but also uniquely uses Bitcoin as productive capital in its fund management. Saylor points out that Strategy has completed five first-order public offerings of credit securities this year, with a notional total value exceeding $7.7 billion, and launched Stretch, a Bitcoin-backed fund management credit instrument. Unlike passively held assets funds and trusts, Strategy focuses on active management through creation, construction, issuance, and operation. Currently, the company is committed to building a Bitcoin-backed structured finance company with innovative capabilities in capital and software, which is difficult for passive instruments to match. Saylor emphasizes that index classifications cannot define Strategy. The company has a clear long-term strategy, a firm belief in Bitcoin, and its mission remains to become the world's first digital currency institution based on sound money and financial innovation. Previous reports indicated that MSCI plans to introduce new rules to remove companies with more than 50% of their assets from its major indices ; JPMorgan Chase stated that if Strategy is removed from MSCI and other mainstream indices, it could trigger a withdrawal of up to $2.8 billion in funds.PANews reported on November 21 that Michael Saylor, founder and executive chairman of Strategy, responded to questions regarding the MSCI index. He emphasized that Strategy, as a publicly traded and operating company, is fundamentally different from funds, trusts, and holding companies. Strategy not only has a $500 million software business but also uniquely uses Bitcoin as productive capital in its fund management. Saylor points out that Strategy has completed five first-order public offerings of credit securities this year, with a notional total value exceeding $7.7 billion, and launched Stretch, a Bitcoin-backed fund management credit instrument. Unlike passively held assets funds and trusts, Strategy focuses on active management through creation, construction, issuance, and operation. Currently, the company is committed to building a Bitcoin-backed structured finance company with innovative capabilities in capital and software, which is difficult for passive instruments to match. Saylor emphasizes that index classifications cannot define Strategy. The company has a clear long-term strategy, a firm belief in Bitcoin, and its mission remains to become the world's first digital currency institution based on sound money and financial innovation. Previous reports indicated that MSCI plans to introduce new rules to remove companies with more than 50% of their assets from its major indices ; JPMorgan Chase stated that if Strategy is removed from MSCI and other mainstream indices, it could trigger a withdrawal of up to $2.8 billion in funds.