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Strategy and Metaplanet Removed From MSCI Indexes in November Reshuffle
(2 hours ago) · 1 source · Summarized by CryptoBipto
Strategy (formerly MicroStrategy) and Metaplanet have lost their membership in MSCI indexes as part of a scheduled November rebalancing. Both companies are known for their large Bitcoin treasury strategies. The removal means index-tracking funds will no longer be required to hold shares of these companies.
WHY IT MATTERS
Think of an MSCI index like a curated list of companies that many large investment funds use as a shopping list.
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SOURCES
- theblock.co
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