TechFlow News, February 13: According to TheStreet, Bitcoin mining company IREN Limited (NASDAQ: IREN) announced on February 27, after market close, that it will be added to the MSCI US Index. This marks the second crypto-related company to join the index, following Strategy (formerly MicroStrategy).
Previously, index provider MSCI had considered removing Digital Asset Treasury (DAT) companies—those holding over 50% of their balance sheets in cryptocurrency—from its major equity indices but ultimately decided not to exclude such firms. Strategy opposed the proposal in December 2025, calling it “discriminatory, arbitrary, and unworkable.”
The MSCI US Index tracks large- and mid-cap U.S. equities and represents approximately 85% of the free-float-adjusted market capitalization. Inclusion in the index can drive inflows from passive funds and enhance a company’s visibility among institutional investors.
