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Stock impact report

Strategy Stock Is Getting a Boost—But the Battle to Keep It in Indexes Isn't Over [Yahoo! Finance]

MSCI Inc (MSCI) 
Last msci inc earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.msci.com
Company Research Source: Yahoo! Finance
MSCI on Tuesday evening said it intends to start a broader review of the matter. In the meanwhile, the stock is rising. Strategy shareholders haven't caught many breaks lately. They did this week. Index provider MSCI late Tuesday said it would not boot publicly traded companies with big holdings of digital assets such as bitcoin from its indexes—for now. Fans of Strategy ( MSTR ), the company made famous for stockpiling cryptocurrency, applauded the decision: Its stock was recently up about 4%, a bit off earlier highs. The news removed, or at least delayed, an overhang from Strategy's shares. MSCI last fall proposed removing digital asset treasury companies, or DATCOs , from its indexes following a proliferation of firms of that ilk , saying they resemble investment funds, which aren't eligible for inclusion. That spooked investors, as analysts estimated the move could spur other index providers to follow suit and cost the company billions in outflows. MSCI's decision removes Show less Read more
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