MSCI drops Strategy, Metaplanet and Upexi from its indexes, while Sharplink survives "Strategy, the world's biggest corporate Bitcoin holder, is to be dropped from MSCI indexes.…
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MSCI drops Strategy, Metaplanet and Upexi from its indexes, while Sharplink survives "Strategy, the world's biggest corporate Bitcoin holder, is to be dropped from MSCI indexes. Strategy described th…
MSCI drops Strategy, Metaplanet and Upexi from its indexes, while Sharplink survives "Strategy, the world's biggest corporate Bitcoin holder, is to be dropped from MSCI indexes. Strategy described the proposal as discriminatory and misguided, and encouraged shareholders to oppose it." "MSCI had been adding pretty aggressive language about the operating business having to have actual income. And it couldn't basically just be a treasury company that was holding an asset as a business." "Strategy was removed. Metaplanet was removed. Upexi, the Solana treasury company, was also unfortunately removed." "Yellow Cake, which is a uranium holding company, was also removed, as well as some agriculture companies in Europe and others." "Sharplink actually is also on the list but, interestingly, was not deleted." "You can look at a company like Berkshire Hathaway, Warren Buffett's company, which effectively just buys and holds stocks for a living. They're not being targeted by index funds. So it does seem like it's certain assets here that are being picked on."
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