MicroStrategy Could Be Removed From Major Global Stock Indexes
Michael Saylor’s Bitcoin giant could lose its place in major global stock indexes, potentially forcing investment funds to sell shares even if they still believe in the company. On Thursday, MSCI approved new rules to remove companies that behave more like investment vehicles than operating businesses. Its earlier simulation identified Strategy, formerly MicroStrategy, and Japan’s The post MicroStrategy Could Be Removed From Major Global Stock Indexes appeared first on BeInCrypto.
This is a summary aggregated from BeInCrypto. Read the complete article on the original site:
Read full article at BeInCrypto