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MSCI Keeps Digital Asset Reserve Firms in Global Market Index

MSCI Keeps Digital Asset Reserve Firms in Global Market Index

MSCI’s move to retain firms holding significant digital assets in its indexes drove MicroStrategy shares higher, while KuCoin reported record trading volumes, underscoring robust altcoin market activity.

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Fact Check
The assessment is 'likely_true' with high confidence. The evidence strongly supports the statement that MSCI maintained the inclusion of Digital Asset Reserve Firms. A high-authority news article from Yahoo Finance directly confirms this, stating explicitly that MSCI has dropped its plan to exclude 'Digital Asset Treasury Companies' and that these firms will remain in its indexes. This is corroborated by another highly relevant article from a crypto-focused publication, which reports that MSCI postponed its decision to exclude such firms. Postponing an exclusion is functionally the same as maintaining inclusion for the time being. The remaining sources are irrelevant to the specific query and offer no contradictory information. The consistency and directness of the relevant evidence provide a strong basis for concluding the statement is true.
Summary

MSCI decided to maintain Digital Asset Treasury Companies, including MicroStrategy, in its indexes, leading MSTR shares to rise 6% in after-hours trading. The decision follows MSCI’s statement that differentiating between investment companies and core-operation digital asset holders requires more research. Other DATs, such as Bitmine Immersion, Sharplink, and Twenty One Capital, also gained modestly. Bitcoin rose about 1% to $93,500. KuCoin recorded $1.25 trillion in total trading volume in 2025, evenly split between spot and derivatives, with altcoins dominating trades. Despite mid-year volume softness, KuCoin maintained strong baseline activity, highlighting sustained user engagement.

Terms & Concepts
  • Digital Asset Treasury Companies (DATCOs): Companies holding a majority of their assets in cryptocurrencies or other digital assets, often as part of their treasury strategy.
  • Indices: Statistical measures that track the performance of a selected group of assets, typically stocks, representing a segment of the financial market.
  • Altcoins: Cryptocurrencies other than Bitcoin, often designed to offer different features or use cases.