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MSCI’s new rules could squeeze Strategy’s Bitcoin buying machine

CryptoSlate
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MSCI’s new rules could squeeze Strategy’s Bitcoin buying machine

MSCI approved rules threatening Strategy's index membership as its shares trade nearly 69% below their peak. On Oct. 15, the global index provider announced that it would adopt a new methodology excluding companies classified as non-operating businesses from its Global Investable Market Indexes. The changes take effect after the Nov. 30 market close, with the… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Key Takeaways

  1. MSCI approved rules threatening Strategy's index membership as its shares trade nearly 69% below their peak.
  2. 15, the global index provider announced that it would adopt a new methodology excluding companies classified as non-operating businesses from its Global Investable Market Indexes.
  3. The changes take effect after the Nov.
Read Full Article on CryptoSlate

Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.

MSCI’s new rules could squeeze Strategy’s Bitcoin buying machine | IndiCrypto