Pete Rizzo, a Bitcoin historian and editor, shared a strong statement from STRATEGY CEO Phong Le on X today, October 17, 2026. Le asserted that MSCI's recent anti-Bitcoin ruling would not affect the valuation of MSTR and STRC, stating, "THIS RULING IS NOT ALIGNED WITH THE US GOVERNMENT OR WORLD MARKETS” "MSCI IS REDEFINING WHAT AN OPERATING ASSET IS" "THEY ARE TAKING A STANCE AGAINST GENERAL ACCOUNTING PRINCIPALS" "THIS MOVE IS ANTAGONISTIC AND ILL ADVISED" IT IS "IMMATERIAL" TO OUR PRICE ".
Bitcoin has been holding above key levels recently, with altcoins seeing jumps as Bitcoin maintained around $82,000. Recent Gokhshtein Media coverage noted a Bitcoin floor near $30,000, as quoted by Scott Melker from Ki Young Ju. The current Crypto Fear & Greed Index is at 55, indicating 'Greed' in the market. The MSCI ruling concerns how Bitcoin holdings are classified for accounting and investment purposes, potentially impacting institutional perception and valuation of companies with significant Bitcoin reserves.
Phong Le's statement implies that STRATEGY views the MSCI ruling as out of step with broader market and governmental perspectives, and that it will not deter investor confidence or fundamental valuation for companies like MSTR and STRC. The CEO's position suggests that the market should disregard the ruling's implications for Bitcoin as an operating asset, reinforcing a long-term bullish outlook for companies strategically invested in the digital asset.
