MSCI Rule Puts Strategy’s Bitcoin Funding Channel in Focus
Photo: TokenPost
MSCI’s November review could put Strategy Inc’s place in global indexes at risk, drawing attention to how the company has used stock sales to finance its Bitcoin purchases. The revised MSCI index screen , adopted Oct. 15, first checks whether a company has substantial operating assets. Companies that fail this test are assessed against five non-industry-specific financial ratios; four or more flags make a company ineligible. Existing constituents must show a screen failure in both of their two latest annual filing periods to be removed. MSCI may also consider the newest interim filing when available. Between Oct.
Source: TokenPost
