Strategy stock sheds 5% amid MSCI index removal, Bitcoin sell-off
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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 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.
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 eyes more Bitcoin buys as Saylor touts $30B credit capacity
Michael Saylor says Strategy could create up to $30 billion in digital credit without new common-stock fundraising or further Bitcoin price gains, as the company plans more BTC purchases.
Strategy skips Bitcoin purchases, spends $205M on STRC buybacks
Strategy made no Bitcoin purchases or sales last week, as its STRC preferred stock buybacks reduced its USD Cash balance by 46% to $242.4 million.
Bitcoin holds below $70K as stocks slip despite a cooler US PPI print
Bitcoin was down about 4% on the day amid a tepid market reaction to October’s US PPI reading, which came in below expected levels.