# MSCI Keeps Digital Asset Treasury Firms in Its Indexes

*Author: Jack Inabinet*
*Published: Jan 7, 2026*
*Source: https://www.bankless.com/read/news/msci-reaffirms-index-inclusion-of-digital-asset-treasury-companies*

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Index fund manager Morgan Stanley Capital International (MSCI) has [confirmed](https://app2.msci.com/webapp/index_ann/DocGet?pub_key=DD3Olh5uInk%3D&lang=en&format=html) that digital asset treasury companies remain eligible for index inclusion. Companies holding more than 50% of their assets as digital assets faced an uncertain future ahead of MSCI's February 2026 Index Review.

### What's the Scoop?
- **No Change:** MSCI has decided not to exclude digital asset treasury companies from its "Global Investable Market Indexes" as part of the index manager's "February 2026 Index Review" process.
- **JPM FUD: **Potential DAT delisting consequences came to the forefront of the crypto industry's consciousness in November, when analysts for JPMorgan [warned](https://www.bankless.com/read/news/strategys-mstr-faces-index-delisting-panic-jpm-flags-11b-of-sell-pressure) that Strategy (MSTR) was a prime candidate for index delisting, flagging an October 10 announcement from MSCI that sought feedback on whether DATs should remain in its index products.
- **Continued Uncertainty:** While MSCI's treatment of digital asset treasuries will go unchanged for the time being, the DAT debate has incited a broader discussion at MSCI about the role of non-operating/investment-oriented companies in its indexes. MSCI has pledged to seek further feedback on how such companies should be treated.

> DATs are a new take on a longstanding business model - that of financial services companiesGreat to see that the education and advocacy work the industry did has helped MSCI get to the right conclusionDATs remain eligible for index inclusion[https://t.co/9kRiqeE3QR](https://t.co/9kRiqeE3QR) [https://t.co/KQl3hjSOvA](https://t.co/KQl3hjSOvA)— Cosmo Jiang (@cosmo_jiang) [January 6, 2026](https://twitter.com/cosmo_jiang/status/2008650510883291191?ref_src=twsrc%5Etfw)
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