MSCI plans to reclassify companies like Strategy and Metaplanet, which primarily hold Bitcoin, as 'non-operating companies,' making them ineligible for its Global Investable Market Indexes. This move could force passive funds tracking these indexes to sell their shares, potentially causing significant stock price drops. The consultation period ends September 30, 2026, with a final decision expected by October 16 and implementation possibly starting in November 2026. This reflects MSCI's effort to exclude firms that function more as asset holders than operating businesses from its indexes.
Sigenergy officially launched its brand in Sri Lanka, focusing on advancing the country's clean energy transition with smart energy technologies. The event featured key industry leaders and highlighted Sigenergy's innovative products like the SigenSt...
Over 15 years as CEO, Tim Cook led Apple to grow its annual revenue from $108 billion to $416 billion, with iPhone sales alone increasing from $47 billion to nearly $210 billion. This remarkable growth highlights Apple's strong market position and in...
Tether transferred more than $6 million to Nxum, a consulting firm co-founded by a former White House crypto adviser, Hines, while he was working to advance the GENIUS Act. The payments were shared among Nxum's three partners. Although the timing con...
On October 14, U.S. spot Bitcoin and Ether exchange-traded funds (ETFs) experienced a combined net outflow of $390.5 million. Bitcoin ETFs accounted for $261 million of the outflows, making up about two-thirds of the total, while Ether ETFs saw $129....
Bitget has introduced a new perpetual contract linked to FASTRETAILING, increasing its total stock-related contracts to 356. This contract allows trading with up to 20x leverage and settles in USDT. The platform offers continuous trading availability...
