US EditionMichael Saylor’s Strategy Has 91% S&P 500 Shot if BTC Price Holds
10 Articles
10 Articles
Bitcoin Price Will Decide MicroStrategy’s S&P 500 Fate As Q2 Deadline Nears
Bitcoin’s Q2 closing price will determine if MicroStrategy qualifies for the S&P 500 index. Analyst Jeff Walton says BTC must stay above $95,240 to meet earnings requirements. If successful, MicroStrategy would join Coinbase as the second crypto-linked firm in the S&P 500. Bitcoin could be the deciding factor in whether MicroStrategy (MSTR), the publicly traded firm with the largest BTC reserves, secures a spot in the S&P 500 index. The company’…
Key points of the MicroStrategy News has a 91% chance of joining the S&P 500 at the end of the second quarter, provided that Bitcoin does not fall below $95.240. It would be a relevant advance for companies linked to the world inscribed within the main stock exchanges indexes. Eligibility depends on new accounting rules that allow unrealized gains in Bitcoin to impact net revenues, connecting traditional finance with digital assets at a key mome…
For Jeff Walton, it will be crucial for the price of Bitcoin to remain above $95,000 for that to happen. Read more
91% chance MSTR enters S&P 500 — and Bitcoin becomes an index asset by proxy
Could Strategy (MSTR) use Bitcoin-fueled earnings to enter the S&P 500 and turn Bitcoin into a backdoor index asset? MSTR’s S&P 500 eligibility now hinges on Bitcoin stability Michael Saylor’s corporate bet on Bitcoin (BTC) may be approaching a new…
Michael Saylor's company, Strategy (ex-MicroStrategy), could soon integrate the prestigious S&P 500 index. According to analyst Jeff Walton, it would have 91% chance of achieving this within the next 5 days. But for this, a crucial condition has to be met: the bitcoin must remain above a decisive threshold. Michael Saylor's strategic article could join the S&P 500 in the next few days appeared first on Cointribune.
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