MSCI’s Bitcoin snub is like penalizing Chevron for oil: Strategy CEO - Source: CoinTelegraph

Strategy CEO Phong Le argues that stock market index MSCI’s proposal to exclude companies holding more than 50% of their assets in crypto would be like removing energy giants, such as Chevron, from an index simply for holding oil.

The MSCI Index announced in October that it was consulting with the investment community about whether to exclude Bitcoin and other digital asset treasury companies (DATs) that have the majority of their balance sheet in crypto. 

Story continues: https://cointelegraph.com/news/msci-bitcoin-restriction-like-penalizing-chevron-for-oil-strategy-ceo