X @Wendy O

Saylor argues that Strategy is not a fund or trust, but a publicly traded operating company with a $500M software business and a BTC-based treasury strategy.His comments follow MSCI’s consultation on how to classify DATs.They noted that DATs may resemble investment funds more than operating businesses, and funds/trusts are ineligible for major MSCI equity indexes.If MSCI classifies MSTR as a fund or trust, it could be removed from key benchmarks, a potentially market-moving event according to The Kobeissi L ...