Strategy Loses MSCI Index Spot as Bitcoin Bet Faces New Test
By Kevin Helms
MSCI confirmed Strategy’s removal from its USA Index, setting up portfolio changes for funds tracking the benchmark. The decision followed a dispute over how the index provider classifies companies whose businesses center on holding assets. Funds Face Strategy’s November Index Exit Index provider MSCI named Strategy…
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
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