Why Strategy Was Not Removed From MSCI
16d ago•
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- CEO Michael Saylor confirmed the outcome, stating plainly that $MSTR will remain in MSCI indexes.
- MSCI indexes focus primarily on market capitalization, liquidity, and free float, not on whether a company’s business model is conventional or controversial.
- Keeping Bitcoin on the balance sheet doesn’t stop a company from being in an MSCI index, even if its earnings look different from those of other companies.
While there were concerns that Strategy might be removed from MSCI equity indexes, CEO Michael Saylor himself confirmed the outcome, stating plainly: “$MSTR will remain in MSCI indexes.”
This clarification finally stopped the speculation that had contributed to increased price volatility and negative sentiment around the company’s stock.
The panic started because of suggested changes to how MSCI categorizes companies. Some in the market thought these r…
Read The Full Article Why Strategy Was Not Removed From MSCI On Coin Edition.
16d ago•
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