Strategy Keeps Nasdaq 100 Listing; What It Means For Bitcoin

Strategy (MSTR), the bitcoin-holding company, remains part of the Nasdaq 100 index after the annual reconstitution announced Friday evening. MSCI is considering whether to exclude companies whose primary business is acquiring bitcoin or other cryptocurrencies from its indices. Nasdaq didn’t indicate that it is reviewing whether Strategy still meets the criteria for the Nasdaq 100, which comprises the exchange’s largest…