Summary
- It has been analyzed that MicroStrategy has a 91% chance of being included in the S&P 500.
- The analyst stated that the key condition for inclusion is for Bitcoin to stay above $95,240.
- Since the company posted net losses for the last three consecutive quarters, future net income will be important for inclusion.
MicroStrategy, which has stockpiled 592,345 Bitcoins (BTC), is claimed to have over a 90% probability of being added to the S&P 500.
On the 25th (local time), according to Cointelegraph, analyst Jeff Walton said, "In the second quarter, MicroStrategy has a 91% probability of being included in the S&P 500," and added, "Whether Bitcoin can stay above $95,240 will be crucial."
Walton stated, "To be added to the S&P 500, total net income for the past four quarters must be positive," and explained, "If Bitcoin falls below $95,240, MicroStrategy's cumulative profit and loss will remain negative." Previously, MicroStrategy recorded a net loss for three consecutive quarters.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit!["Will AI take our jobs?" Fear spreads…market rattled by a plunge in shares [New York Market Briefing]](https://media.bloomingbit.io/PROD/news/874408f1-9479-48bb-a255-59db87b321bd.webp?w=250)
