MSTR Stock Spikes Over 6% After Hours As MSCI Drops Plan To Exclude Crypto Treasury Companies Like Strategy From Global Index – Michael Saylor Reacts – Strategy (NASDAQ:MSTR)

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Global index provider MSCI decided against excluding cryptocurrency treasury firms from its Global Investable Market Indexes on Monday, significantly boosting shares of companies such as Strategy Inc. (NASDAQ:MSTR) in the after-hours session.

MSCI’s Relief For Crypto-Hoarding Companies

The MSCI announced that the current index treatment of digital asset treasury companies identified in the preliminary list, whose digital asset holdings account for 50% or more of their total assets, will remain unchanged “for the time being.”

The decision was made following a consultation process that raised institutional investors’ concerns that these companies “exhibit characteristics…