Markets
64 of 90 bitcoin treasury companies are below cost at $72,857, Strategy by $2.21 billion
At $72,857 a coin, the public companies that report what they paid for bitcoin hold $3.01 billion less than they spent, CoinGecko's treasury tracker shows. Ether holders look worse: 14 of 15 are under water.
AI & RWA
Strategy could be dropped from MSCI's indexes. The final list lands November 11
MSCI has finalized a test that can remove "non-operating" companies, including crypto treasury firms, from its global indexes. In MSCI's own trial run, Strategy and Metaplanet were flagged for deletion, and losing index status means losing automatic buying from passive funds.