Strategy Discusses Remaining in MSCI Index, Dollar Reserves as a Hedge Against Bear Market

Michael Saylor, Chairman of Strategy, the publicly traded company holding the largest amount of Bitcoin (BTC), revealed on the 3rd that the company is in discussions with index provider MSCI regarding the potential exclusion from the index. This was reported by Reuters. MSCI is set to decide by January 15 whether to exclude companies whose business model involves purchasing cryptocurrencies from the index. MSCI has indicated plans to exclude companies with a business model of purchasing cryptocurrencies due to concerns that such companies resemble investment funds and therefore should not be included in the index. Strategy is currently included in both the MSCI US Index and the MSCI World Index, and ETF...