
Strategy Soars 6% Following MSCI’s Decision to Retain DATs in Indexes
Market Dynamics Shift as MSCI Retains Digital Asset Treasury Companies in Indexes
A Positive Turn for Digital Asset Treasuries Amidst Uncertain Times
In a important advancement on Tuesday evening, shares of Strategy (MSTR) surged by 6% in after-hours trading following the announcement from MSCI that it would not be removing digital asset treasury companies (DATs) from its indexes. This decision comes at a crucial time when the valuation of digital assets like Bitcoin has been experiencing fluctuations.
MSCI, a major player in indexing, clarified its stance by stating that more research and consultation with market participants are necessary before making any changes to how investment companies and other entities holding non-operational assets are treated. The association highlighted the need for additional criteria to assess the inclusion of such entities, which may involve new financial indicators or other relevant metrics.
For now, MSCI has decided to maintain its current approach towards DATCOs listed in their preliminary review. These are companies whose holdings in digital assets constitute over half of their total assets. This move was closely monitored as an exclusion could have led to significant financial repercussions for firms modeled after Strategy’s operational framework.
Broader Market Impact and Industry Response
The news not only bolstered Strategy’s stock but also positively impacted other DATs including Bitmine Immersion (BMNR), Sharplink (SBET), and Twenty One Capital (XXI), all witnessing modest gains post-announcement.The broader cryptocurrency market responded favorably as well; Bitcoin saw an approximate 1% increase in value, trading around $93,500 shortly after the news broke.
This turn of events is pivotal for DATs which had been under considerable pressure due to potential exclusion from influential indexes like those managed by MSCI. such exclusions could deter passive investment flows worth billions into these firms, thereby dampening overall market sentiment.
Insights into Exchange Performance: KuCoin’s Record-Breaking Year
In related industry news reflecting vibrant activity despite broader volatility,KuCoin set new records in centralized exchange volume during 2025. Trading over $1.25 trillion throughout the year—an average monthly volume nearing $114 billion—KuCoin substantially outpaced growth rates seen across other central exchanges during periods of lower volatility.
The exchange saw an equitable distribution between spot and derivatives trading volumes each surpassing $500 billion annually indicating robust engagement across different trading mechanisms rather than reliance on specific product types. Altcoins dominated trade activities underscoring KuCoin’s importance as a primary liquidity provider beyond just Bitcoin and Ethereum markets even when major cryptocurrencies experienced subdued turnover.
Despite mid-year dips across general crypto volumes globally,KuCoin maintained high levels of user activity suggesting sustained trader engagement beyond transient spikes often seen during volatile periods.
Looking Ahead: Factors Influencing Crypto’s Trajectory
As we step further into 2026, industry analysts like those at Bitwise point out several critical factors that could shape the future trajectory of cryptocurrencies including market stability conditions within U.S legislation frameworks and overarching equity market trends which might impact crypto dynamics indirectly through investor sentiment shifts or regulatory adjustments.
These insights collectively underscore a cautiously optimistic outlook for digital asset markets moving forward contingent upon strategic legislative progressions and maintaining equilibrium within broader financial ecosystems.

