Strategy Made $19.5 Billion in Profit. So Why Is MSCI Removing It From Stock Indexes?
Summary
Despite generating massive profits, Michael Saylor's cryptocurrency-focused enterprise is facing removal from major investment benchmarks. This decision sparks debate over corporate classifications and creates uncertainty regarding the firm's future ability to acquire digital assets.
Michael Saylor’s Bitcoin giant is being excluded from major investment benchmarks, raising questions about what qualifies as a business—and whether the decision could slow its Bitcoin buying.
Source: Read the full story at Decrypt
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