MSCI changes stance on AI cryptocurrencies and ends market uncertainty for asset managers

MSCI (Morgan Stanley Capital International), the leading global benchmark index provider, surprised the market by retreating from its previous proposal to ban companies holding digital asset treasuries (DATCOs) from their main stock indices. The news generated a wave of optimism in the sector, especially for Strategy Inc., whose stock soared approximately 5.7% in Tuesday’s extended trading session.

What has changed in MSCI’s strategy?

Unlike the initial exclusion plan, MSCI announced a more flexible approach. The company will define DATCOs as organizations whose digital assets account for 50% or more of their total net worth. This criterion differentiates operational companies working with cryptocurrencies, artificial intelligence, and other business categories that simply invest in digital assets.

The decision marks a significant turning point. By allowing these companies to remain in the main indices, MSCI ensures continuity in passive capital flows — a vital component for the operational stability of these managers. Impact studies indicated that exclusion would cause billions in losses in passive index fund contributions.

Why does this matter for Strategy and the sector

Strategy Inc., the largest cryptocurrency asset manager in the market with approximately US$ 63 billion in Bitcoin under management, was the immediate major beneficiary of this turnaround. Its 5.7% stock gain reflects relief from regulatory pressure hanging over the entire industry.

Analysts point out that this approval consolidates an emerging trend: digital asset treasury companies have established themselves globally among institutional investors in 2024 and 2025. Despite sharp price fluctuations faced in the second half of 2025, MSCI’s recognition validates the long-term business model.

The reclassification also paves the way for greater institutional participation. Passive funds can now continue allocating resources to these companies without the risk of involuntary exclusion from benchmarks, stimulating demand and liquidity.

The next step: Wall Street advances in the crypto market

Meanwhile, the more favorable regulatory environment is attracting traditional players. Documents submitted to the SEC on Tuesday, January 6, reveal that major financial institutions are developing structured products to facilitate institutional access to artificial intelligence cryptocurrencies. Among the pipeline products are exchange-traded funds focused on Bitcoin and Solana, designed as passive vehicles tracking the performance of the underlying assets.

These filings suggest that the crypto industry has entered a new phase: from retail speculation to structured institutional involvement. MSCI’s recognition not only protects existing companies like Strategy Inc., but also signals to regulators and investors that the digital assets market has solidified as a legitimate segment of the global financial industry.