Bitcoin
Strategy Inc to leave MSCI USA Index at November 30 close
Passive funds face a Nov. 30 rebalance that will remove a major bitcoin treasury stock from a U.S. equity benchmark. Strategy Inc NASDAQMSTR , the bitcoin treasury and enterprise-software company with 850,364 bitcoin as of Nov. 8, will leave the MSCI USA Index at that close. The final review published on Nov. 11 lists “STRATEGY A” among the deletions. MSCI Inc. NYSEMSCI , the provider of indexes and investment analytics, announced 24 deletions and one addition for its USA benchmark. The closing quote for NASDAQMSTR was US$122.35 at 4:00 p.m. EST on Nov. 11. MSCI had scheduled its review announcement...
Mugglehead Investment Magazine6 min read
