MSCI has decided to withdraw its initial plan to exclude companies holding significant Bitcoin reserves from its global indices, signaling a potential shift in Wall Street's approach to corporate crypto holdings. The decision, announced ahead of the January 15 deadline, caused Strategy's shares to surge 6% in after-hours trading, as the company led the affected firms. MSCI clarified that distinguishing between operational companies and those holding non-operating digital assets requires further research, and the current index treatment of companies with over 50% of assets in digital assets will remain unchanged for now. This move alleviates immediate market pressure on firms like Strategy, which had been under threat of losing billions in passive capital inflows if excluded. Bitcoin's price also responded positively, climbing around 1% to approximately $93,500. The initial proposal to exclude 39 companies, including Strategy and others like Metaplanet, triggered a sharp Bitcoin decline of about $12,000 on October 10, 2025, and led to estimated forced sell-offs ranging from $10 billion to $15 billion over the following year. Industry groups like Bitcoin for Corporations mobilized opposition, emphasizing the lack of differentiation between Bitcoin and other cryptocurrencies and highlighting an education gap with Wall Street. The decision's outcome remains uncertain, with analysts suggesting delays or full withdrawal as the most favorable outcomes. The move underscores the ongoing debate about Bitcoin's role in corporate treasuries and Wall Street's evolving perception of digital assets.