MicroStrategy (MSTR) finds itself at a crossroads. Since 2020, this company has adopted a strategic approach to Bitcoin accumulation, significantly integrating cryptocurrency into its financial reserves. However, they are grappling with the potential classification of their holdings under the funds umbrella, which could lead to substantial sell-offs. MSCI, a leading index provider, has issued recommendations regarding publicly listed companies holding significant crypto assets in their portfolios. These companies, often acting as proxies for cryptocurrency ETFs and trading on exchanges like traditional corporations, currently lack this designation, offering greater portfolio flexibility and liquidity. However, MSCI suggests these firms might be classified as investment funds, raising concerns about inclusion in traditional indices.