Bitcoin think tank questions MSCI’s ‘invisible committee’ over Strategy, Metaplanet rule
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Strategy stock sheds 5% amid MSCI index removal, Bitcoin sell-off
Strategy shares declined Thursday following MSCI’s decision to remove the company from its indexes, as Bitcoin also fell amid a broader crypto market decline.
Strategy Made $19.5 Billion in Profit. So Why Is MSCI Removing It From Stock Indexes?
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.
MSCI confirms Strategy’s removal from indexes at end of November
Strategy, Metaplanet and Upexi are marked for deletion in MSCI’s final list, with changes taking effect after the Nov. 30 close.
Strategy buys 1,036 Bitcoin as BTC holdings climb to 850,364
Strategy bought $81.9 million in Bitcoin last week while spending $188.3 million repurchasing STRC preferred shares, according to its latest SEC filing.
Strategy Buys $82M in Bitcoin, Buys Back $188M of STRC
The Bitcoin treasury firm sold $284 million of MSTR stock to fund the moves, days before MSCI names companies facing index removal.
Strategy spends triple its weekly Bitcoin outlay on STRC buybacks
Strategy spent $208.2 million buying back STRC preferred shares and $65.5 million on Bitcoin, while allocating $98.5 million to its USD Cash balance.