2 hours ago

Strategy Asks Shareholders to Email MSCI After Bitcoin Firm’s Index Removal

TLDR Strategy is asking shareholders to email MSCI and push back on its new index rule. MSCI will remove Strategy, Metaplanet and Yellow Cake from key indexes on December 1. Strategy says MSCI-tracking funds hold about 13 million shares, or 3.1% of its stock. JPMorgan earlier estimated up to $2.8 billion in selling, with $8.8 [...]

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Source: Blockonomi →