Another crypto firm joins MicroStrategy in MSCI index

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IREN Limited, a Bitcoin mining firm, is set to join MicroStrategy in the MSCI USA Index, following MSCI’s decision not to exclude “digital asset treasury” companies despite prior contemplation. This inclusion can boost visibility and automatic flows from passive funds for IREN. The company is also notable for its strategic shift towards AI Cloud infrastructure, having signed a significant GPU cloud services contract with Microsoft, even as Bitcoin mining remains central to its operations.

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