IUX24
TopMarketWorldEconomyFinanceTechnologyBusinessPoliticsAnalysis & Opinion

Strategy faces MSCI index removal under new rules

Strategy faces potential removal from MSCI global equity indexes under new rules targeting non-operating companies. The exclusion threatens billions in passive investment for the bitcoin holder.

Xurve View
Insights:
FILE PHOTO: Michael Saylor, Chairman of the Board of Directors and Chief Executive Office of MicroStrategy Inc, speaks during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. REUTERS/Marco Bello/File Photo

STRATEGY INC faces potential removal from MSCI INC global equity indexes under new rules, threatening billions of dollars in passive investments. Shares of the corporate bitcoin holder fell 4.2% following the announcement. The shift targets non-operating companies resembling investment funds.
IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.