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      Strategy Shares Drop 4% After MSCI Flags Possible Index Removal

      Michael Saylor in front of a Strategy text overlay and orange Bitcoin chart.

      The post Strategy Shares Drop 4% After MSCI Flags Possible Index Removal appeared first on Coinpedia Fintech News

      Shares of Strategy, the largest corporate holder of Bitcoin, fell 4% after index provider MSCI warned the company could be removed from one of its global indices. Exclusion from a major MSCI benchmark would force passive funds that track the index to sell the stock, potentially triggering outflows worth billions of dollars. MSCI has been …


      Source: Coinpedia
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud