MicroStrategy (MSTR) stock price rose 6% in after-hours trading, after MSCI announced it will temporarily not remove digital asset management company (DAT) from its indices. The index provider stated that further research is needed to distinguish between investment firms and companies that consider digital assets a core part of their business. Currently, for companies with digital assets accounting for 50% or more of total assets, the index treatment will remain unchanged.
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MicroStrategy (MSTR) stock price rose 6% in after-hours trading, after MSCI announced it will temporarily not remove digital asset management company (DAT) from its indices. The index provider stated that further research is needed to distinguish between investment firms and companies that consider digital assets a core part of their business. Currently, for companies with digital assets accounting for 50% or more of total assets, the index treatment will remain unchanged.