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MicroStrategy’s Long-Shot S&P 500 Bid Stokes Wall Street Agita

Summary by Bloomberg
To Michael Saylor’s online fanbase, it’s the next step in the great normalization of crypto: Bitcoin proxy MicroStrategy Inc. enters the S&P 500 next year, forcing the likes of index-tracking funds to buy his controversial company en masse. Whether they like it or not.
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  • 100% of the sources lean Left
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