Regulation

Strategy turns MSCI’s own SEC words against its $24 billion MSTR threat

CryptoSlate1h agoUpdated 1h ago
Strategy turns MSCI’s own SEC words against its $24 billion MSTR threat
Smart Read

Strategy has challenged MSCI's proposed “non-operating company” screen by tying it to a regulatory argument MSCI made four years ago in a letter shared on Aug. 31. The Bitcoin treasury company says the new methodology requires MSCI to judge whether Bitcoin belongs inside an operating business. That puts MSCI's 2022…

Coins in this story

BTC
₹77,569.00
-1.39%

Discussion

Related stories

The Block

Cango shares plunge 20% after bitcoin miner reports $81.6 million Q2 loss

Cango scaled back its mining fleet in the second quarter as revenue fell and the company focused on efficiency.

Bitcoin Magazine

South Korea’s Bitcoin ‘Kimchi Premium’ Returns

Bitcoin Magazine South Korea’s Bitcoin ‘Kimchi Premium’ Returns The closely watched bitcoin retail market in the Asian nation is making moves again. This post South Korea’s Bitcoin ‘Kimchi Premium’ Returns first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

The Block

Bitcoin and gold move in lockstep as debasement trade gains more steam

Bitcoin's 90-day Pearson correlation coefficient with gold hits all-time high while the Fear and Greed Index sits at 68.

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.