Technique CEO von Reh argues that inventory index MSCI’s proposal to exclude firms that maintain greater than 50% of cryptocurrencies on their steadiness sheets is akin to kicking out multinational vitality firms like Chevron for his or her oil holdings.
MSCI Index introduced in October that it was consulting with the funding neighborhood on whether or not to exclude Bitcoin and different digital asset treasury firms (DATs) that maintain a big portion of their steadiness sheets in cryptocurrencies.
In an interview with streaming and market evaluation channel Schwab Community on Wednesday, Lee mentioned that whereas he had “a whole lot of respect for the index,” MSCI’s stance was “misunderstood and misguided.”
He additionally mentioned that oil large Chevron, which has greater than half of its property in oil, timberland firm Weyerhaeuser, which has a good portion of its property in timber, and Simon Property Group, which has a good portion of its property in actual property, all face exclusion.
Phong Le joined @SchwabNetwork to debate the $60 trillion digital credit score alternative and responding to MSCI. Limiting passive index investing in Bitcoin at present is similar factor as oil and oil rigs within the 1900s, spectrum and base stations within the Eighties, or computing… pic.twitter.com/3VcYnF5nE4
— Technique (@Technique) December 10, 2025
“It appears very untimely to stifle innovation by selecting winners and pickers in classes like this,” Lee mentioned.
“That is like saying that telecom firms should not have constructed base stations and spectrum within the Eighties, or that AI firms should not have invested in LL Labs and high-performance computing three years in the past.”
MSCI’s stance is a false impression: Strategic CEO
Lee mentioned different components of the MSCI proposal had been additionally incorrect, corresponding to characterizing Technique and different digital asset firms as funds relatively than working firms.
In accordance with MSCI, a number of the suggestions up to now on the proposal is that DATs “could exhibit traits just like funding funds that aren’t presently eligible for index inclusion.”
“I have been the CFO since 2015, Michael Saylor based the corporate in 1989, it has been publicly traded since 1998, I work right here day-after-day, and legally it is a 100% working firm due to its company construction,” Lee mentioned.
Technique doc states MSCI’s proposal just isn’t impartial
Le’s feedback got here on the identical day that Technique launched a letter to MSCI pushing again on the proposal on the grounds that it might bias MSCI towards cryptocurrencies as an asset class relatively than an index firm appearing as a impartial arbiter.
Associated: Technique’s Bitcoin Vault Swells to Over 660,000 BTC with $962 Million in New Purchases
The MSCI session will run till December thirty first, and its conclusions will probably be printed on January fifteenth subsequent 12 months, with related modifications anticipated to return into impact in February.
Charlie Shelley, head of finance at Australian cryptocurrency alternate BTC Markets, informed Cointelegraph final month that MSCI would solely enter into discussions if such a change was already being thought of for implementation.
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