The debate over crypto-heavy companies in major stock indices is ongoing. Recently, MSCI considered removing DAT firms with over 50% of assets in crypto. MicroStrategy, now Strategy (NASDAQ: MSTR), faced potential delisting, but MSCI decided against excluding DAT firms. Now, IREN Limited (NASDAQ: IREN) will join the MSCI USA Index on Feb. 27, boosting institutional visibility. Despite shifting focus to AI cloud services, IREN’s revenue dropped in Q2 2025 due to weaker Bitcoin mining. Shares closed over 6% lower on Feb. 13 at $40.10, but remain up over 206% year over year. IREN maintains a strong balance sheet with $2.8 billion in cash.

Read more at Yahoo Finance: Another crypto firm joins MicroStrategy in MSCI index