Strategy Shares Rise as MSCI Reverses Crypto Index Plan

Strategy Shares Rise as MSCI Reverses Crypto Index Plan

Shares of Strategy Inc., the cryptocurrency-heavy firm led by billionaire Michael Saylor, climbed Wednesday after global index provider MSCI announced that it will not go ahead with earlier plans to remove digital asset treasury companies from its major stock indexes. The decision spurred a rebound in Strategy’s stock, which surged in premarket trading as investors … Read more