MSCI moves to remove Strategy from stock indexes despite $19.5 billion profit
MARKETSMSCIcoinbrief/daily · 1 source
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What happened
MSCI is excluding Strategy, Michael Saylor's Bitcoin-focused company, from major investment benchmarks despite reporting a $19.5 billion profit. The move has prompted debate over what qualifies as a business and whether it could slow the company's Bitcoin purchases.
For IT people · Written by AI from 1 source · Wrong?
What to do
- Watch for the effective date of the MSCI removal, which the article does not specify.
- Watch for any signs that the index exclusion slows Strategy's Bitcoin purchases.
Written by AI from the sources, checked against them
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