MSCI announced it will remove Strategy, Metaplanet, and Yellow Cake from its global indexes effective December 1, citing that these companies resemble investment funds rather than operating businesses. Strategy disputes this, arguing the impact on its shares is limited as MSCI-tracking funds hold only about 3.1% of its stock. The company criticizes MSCI's new eligibility rule as misguided and lacking clear definitions under accounting standards. Despite the removal, Strategy remains listed on Nasdaq and is not required to sell its Bitcoin holdings. Shares fell about 2.5-2.9% in after-hours trading following the announcement.
The news about Strategy's MSCI index removal offers context for readers following cryptocurrency markets. As of Nov 12, 2026 17:32 WIB, out of 50 major cryptocurrencies on Pluang, 12 rose and 37 fell. Among notable movers, GRT declined 2.88% with 92% sell orders, YFI dropped 2.64% with 88% sell orders, and XTZ fell 2.57% with an overwhelming 99% sell activity, reflecting a broadly negative trading day.
The Philippines construction market is projected to grow from $48.44 billion in 2026 to $68.68 billion by 2032, at a CAGR of 5.89%. Growth is fueled by affordable housing finance, government-backed infrastructure projects, industrial expansion, and d...
The global Transcatheter Aortic Valve Replacement (TAVR) market is forecasted to grow from $8.41 billion in 2025 to $30.01 billion by 2035, at a CAGR of 15.2%. This growth is driven by rising cases of aortic stenosis, an aging population, and increas...
Diversified Energy PLC repurchased 596,358 of its common shares between November 5 and 11, 2026, at a volume-weighted average price of $13.2454 per share. These shares will be cancelled, reducing the total shares outstanding to 70,122,642. This buyba...
Conow, a digital energy ecosystem brand developed with Tuya Smart, is launching a major Black Friday sale from November 7 to December 5, 2026, in Germany. The promotion includes discounts on its award-winning Atlas 6000 AC energy storage system and o...
FLSmidth has introduced its Accelerate '31 strategy aimed at driving profitable growth, margin expansion, and improved cash conversion by 2029. The plan focuses on expanding commercial coverage to the top 1,000 mines globally, growing its service net...
