Summary: Strategy, a bitcoin hoarding company, may be removed from the Nasdaq 100 index during its annual reshuffle. Concerns have been raised about its business model, which some argue resembles an investment fund rather than a software company. While its market value remains high, some analysts believe Nasdaq may remove it due to its classification as a digital asset treasury company.

Link: https://www.channelnewsasia.com/business/analysts-flag-risks-strategy-nasdaq-100-index-reshuffle-5578591