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MSCI Removes Strategy From Stock Indexes Despite $19.5 Billion Profit

(4 hours ago) · 1 source · Summarized by CryptoBipto

MSCI has decided to remove Strategy (formerly MicroStrategy) from its stock indexes despite the company reporting $19.5 billion in profit. The removal raises questions about how index providers classify companies that hold large amounts of Bitcoin on their balance sheets.

WHY IT MATTERS

Think of a stock index like a curated playlist of companies that big investors use to decide where to put their money.

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SOURCES

  • decrypt.co

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