MSCI retains Strategy in indices, keeps door open for other bitcoin treasuries

MSCI announced on Tuesday that it will not exclude bitcoin treasury companies from its global indices – for now, at least. The decision allows Strategy (NASDAQ: MSTR) to maintain its position in the benchmark equity indices, while also keeping the door open for other bitcoin treasury companies that meet requirements. Shares of Strategy rose 5.5% on Wednesday following the news. Market participants previously expressed concern that an exclusion would trigger forced selling by passive index funds. JPMorg ...

MSCI retains Strategy in indices, keeps door open for other bitcoin treasuries - Reportify