MSCI will drop Strategy (MSTR) from the MSCI USA Index and Metaplanet (3350.T) from the MSCI Japan Small Cap Index at the close of trading on November 30. MSCI announced both changes in its November 11 review, the first to apply its new rules for non-operating companies.
Riot needed cash to turn mining sites into data centers. MARA used its Bitcoin to buy back debt. For both, keeping every coin had become an expensive choice.
DDC follows Strategy and Strive with a proposed preferred share that pays regular cash dividends and offers bonuses tied to bitcoin prices.
Strategy raised STRC's dividend, sold Bitcoin, issued common stock and repurchased roughly $2.25 billion of its preferred shares. The recovery shows how much work went into defending a $100 price target and what remains to be proved.
