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<a href="https://bitcoinworld.co.in/microstrategy-gets-closer-to-sp-500-inclusion-as-stock-rises/" title="Microstrategy Gets Closer To S&amp;P 500 Inclusion As Stock Rises" rel="nofollow"></a>
<ul> 
 <li style="font-weight: 400">MicroStrategy’s stock is rising, getting closer to S&amp;P 500 inclusion.</li> 
 <li style="font-weight: 400">MicroStrategy aims for S&amp;P 500 entry, needing a higher market cap but profitable, changing investment strategies.</li> 
</ul> 
MicroStrategy, a prominent Bitcoin (BTC) corporate holder, is on the brink of eligibility for inclusion in the S&amp;P 500 index, a move that could revolutionize portfolio compositions across the investment landscape.&nbsp; 
The company’s recent market performance and its strategic focus on Bitcoin position it as a contender for this significant milestone. 
<h3 id="span-style-font-weight-400-market-performance-and-eligibility-criteria-span">Market Performance And Eligibility Criteria</h3> 
In recent trading sessions, MicroStrategy (MSTR) has surged, securing the 535th position among the largest publicly listed companies in the United States.&nbsp; 
This eight-day rally, amounting to a 46% increase, underscores the company’s momentum toward meeting the stringent criteria for S&amp;P 500 inclusion. 
To be eligible for the S&amp;P 500, a firm must meet specific requirements, including a minimum market capitalization, profitability over the preceding four quarters, and significant public ownership.&nbsp; 
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Currently, candidates must boast a market cap of $15.8 billion, a threshold that MicroStrategy is approaching with its current market cap of $12.1 billion.&nbsp; 
Should its market cap align with the criteria, MicroStrategy’s stock price would need to rise to $937 to fulfill the eligibility requirements. 
MicroStrategy has demonstrated profitability over the past four quarters, further solidifying its candidacy for S&amp;P 500 inclusion.&nbsp; 
However, approval by the index’s executive committee remains a crucial step in the process, with a precedent set by the temporary removal of Tesla from the S&amp;P 500 ESG index in May 2022. 
<h3 id="span-style-font-weight-400-implications-for-portfolio-diversity-span">Implications For Portfolio Diversity</h3> 
If MicroStrategy successfully secures a spot on the S&amp;P 500, it could catalyze a significant shift in portfolio dynamics, particularly within exchange-traded funds (ETFs).&nbsp; 
Joe Burnett, Senior Product Marketing Manager at Bitcoin financial services firm Unchained, <a href="https://twitter.com/IIICapital/status/1758129670929654104">highlights</a> the potential for a “massive positive feedback loop” of Bitcoin exposure across various investment portfolios. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Rising market cap and TTM profitability could position <a href="https://twitter.com/search?q=%24MSTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$MSTR</a> for S&amp;P 500 eligibility, pending U.S. Index Committee approval. 
 If MSTR is included, it could spark a massive positive feedback loop enabling <a href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#bitcoin</a> to begin automatically infiltrating nearly every portfolio. <a href="https://t.co/2e4m6oXGJu">pic.twitter.com/2e4m6oXGJu</a> 
 — Joe Burnett (<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f511.png" alt="🔑" class="wp-smiley" style="height: 1em; max-height: 1em;">)³ (@IIICapital) <a href="https://twitter.com/IIICapital/status/1758129670929654104?ref_src=twsrc%5Etfw">February 15, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
Including the platform in the S&amp;P 500 would automatically integrate Bitcoin exposure in numerous portfolios, including traditional 401k plans, pension funds, and diversified investment portfolios.&nbsp; 
This development would be especially impactful considering that the three largest ETFs by assets under management closely track the S&amp;P 500, collectively managing over $400 billion each. 
The Company’s potential portfolio weighting within the S&amp;P 500 would be approximately 0.01%, translating to a significant allocation of passive capital towards Bitcoin.&nbsp; 
With the S&amp;P 500 boasting a market cap of $41.9 trillion, MicroStrategy’s inclusion could allocate $12 billion in passive capital towards Bitcoin-related investments. 
<h3 id="span-style-font-weight-400-microstrategy-s-strategic-shift-span">MicroStrategy’s Strategic Shift</h3> 
MicroStrategy’s journey towards potential S&amp;P 500 inclusion aligns with its broader strategic shift under the leadership of founder and chairman Michael Saylor.&nbsp; 
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In a recent revelation, Saylor announced the company’s transition from a business intelligence firm to a “Bitcoin development firm,” signaling a definitive pivot towards cryptocurrency-centric endeavors. 
The company’s substantial Bitcoin holdings, totaling 190,000 BTC acquired at an average purchase price of $31,224, underscoring its commitment to cryptocurrency as a core component of its business strategy.&nbsp; 
With MicroStrategy’s evolving focus on Bitcoin, its potential inclusion in the S&amp;P 500 could mark a pivotal moment for the company and the broader investment landscape. 
As investors anticipate the platform’s next moves and the potential ramifications of its S&amp;P 500 inclusion, the convergence of traditional finance and cryptocurrency markets appears to be accelerating, reshaping investment strategies and portfolio compositions for the future. 
#Binance #WRITE2EARN 
The post <a href="https://bitcoinworld.co.in/microstrategy-gets-closer-to-sp-500-inclusion-as-stock-rises/">Microstrategy Gets Closer To S&amp;P 500 Inclusion As Stock Rises</a> appeared first on <a href="https://bitcoinworld.co.in">BitcoinWorld</a>.

Microstrategy Gets Closer To S&P 500 Inclusion As Stock Rises

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