AI Summary
Show More
Quickly grasp the article's content and gauge market sentiment in just 30 seconds!
Today, MSCI announced it will retain Digital Asset Treasury (DAT) companies like Strategy (formerly known as MicroStrategy) within its global stock indices, for now.
However, the index provider also said it intends to embark on a "broader consultation" on how companies like Strategy, which hold non-operating assets such as cryptos, should be treated.
Here's how markets reacted:
Strategy shares surged as much as 9.5% after the MSCI announcement in after-market hours