MicroStrategy surges after MSCI stalls delisting

Michael Saylor's Strategy (Nasdaq: MSTR) finally breathed a sigh of relief after MSCI announced it will not exclude digital asset treasuries (DATs) from its indices. Following the announcement, the MSTR stock surged more than 5% to trade at $166.50 on Jan. 7. Related: Michael Saylor's MicroStrategy sits on unrealized loss worth billions Understanding Strategy's Bitcoin model Saylor, along with Sanju Bansal and Thomas Spahr, founded MicroStrategy as a software firm in 1989. But when the co-founder and e ...