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Strategy tells MSCI ‘Bitcoin doesn’t need you’ as $2.8 billion index risk hangs over MSTR

CryptoSlate
Strategy tells MSCI ‘Bitcoin doesn’t need you’ as $2.8 billion index risk hangs over MSTR

Strategy faces a renewed threat of removal from major MSCI equity indexes under a broader screening proposal that could trigger an estimated $2.8 billion in passive selling. MSCI opened a consultation this month on rules designed to identify “non-operating companies” through their financial statements. The firm noted that applying the proposed methodology to the MSCI […] The post Strategy tells MSCI ‘Bitcoin doesn’t need you’ as $2.8 billion index risk hangs over MSTR appeared first on CryptoSlate.

Key Takeaways

  1. Strategy faces a renewed threat of removal from major MSCI equity indexes under a broader screening proposal that could trigger an estimated $2.8 billion in passive selling.
  2. MSCI opened a consultation this month on rules designed to identify “non-operating companies” through their financial statements.
  3. The firm noted that applying the proposed methodology to the MSCI […] The post Strategy tells MSCI ‘Bitcoin doesn’t need you’ as $2.8 billion index risk hangs over MSTR appeared first on CryptoSlate.
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Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.