CryptoCointelegraphabout 1 hour ago
Strategy Stock Drops 5% After MSCI Removal
2 min read
Strategy shares fell 6.49% to $114.41 on Thursday after MSCI removed the company from its global equity indexes. The exclusion follows a Nov. 30 market close and coincided with Bitcoin trading near $71,340, down 4.3% over 24 hours. JPMorgan estimated roughly $2.8 billion in selling pressure from the move.
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