Latest / Investopedia Markets News (all except PF)
New MSCI Index Standards Could Leave Strategy Behind
Strategy shares sank nearly 10% Friday afternoon.
Credit: Cheng Xin / Getyy Images
Key Takeaways
MSCI will exclude non-operating companies from its indexes at its November review.
The changes could remove Strategy, Yellow Cake, and Metaplanet from a major global index.
Strategy shares fell nearly 10% Friday amid lower bitcoin prices and MSCI’s decision.
One bitcoin whale could have fewer spots to surface.
Shares of Strategy (MSTR) slipped nearly 10% on Friday, in part because bitcoin prices were down, but also because index provider MSCI announced that it would start implementing a prior…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.