According to a report by Thestreet on February TechFlow, Bitcoin mining company IREN Limited (NASDAQ: IREN) announced that it will be included in the MSCI US Index after the market closes on February 27th. This marks the second crypto-related company to be included in the index, following Strategy (formerly MicroStrategy).
Previously, index provider MSCI had considered removing digital asset treasury (DAT) companies with more than 50% of their balance sheets allocated to cryptocurrencies from its major stock indices, but ultimately decided not to exclude such companies. Strategy Group opposed the proposal in December 2025, calling it "discriminatory, arbitrary, and unworkable."
The MSCI U.S. Index tracks large and mid-cap stocks in the U.S. stock market, representing approximately 85% of the free-float adjusted market capitalization. Inclusion in this index can attract passive fund inflows and enhance a company's visibility among institutional investors.
