BlockBeats News, February 13 — Following Strategy, another company with Bitcoin as its core business has been included in the mainstream stock index system.
IREN Limited (NASDAQ: IREN) announced that it will be added to the MSCI USA Index after the close of trading on February 27. The index covers large-cap and mid-cap stocks in the United States, accounting for approximately 85% of the free float market capitalization in the U.S. Being included in the index typically means automatic allocation of passive fund inflows and increased visibility among institutional investors.
Previously, the index provider MSCI discussed whether to exclude digital asset reserve (DAT) companies with more than 50% of their balance sheets allocated to crypto assets. In response, Strategy publicly opposed the proposal, stating it was “discriminatory, arbitrary, and unfeasible.” Ultimately, MSCI did not exclude DAT companies, allowing Strategy to remain within the index system.
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