I’m rooting for MSTR to be added to the S&P. It would force passive investors… many of whom are ignorant to Bitcoin, into gaining the long-term upside they’ll need to clear the hurdle rate.
INCLUSION CRITERIA
FOR THE S&P 500
• The business must be based in the U.S. & derive at least 50% of its revenue in the U.S.
• The business must be listed on a major U.S. stock exchange.
• The business must have a market cap of at least $8.2B.
• The business must have at least 250,000 shares traded in each of the prior 6 months.
• The business must have at least 50% of outstanding shares available for public trading.
• The business must report positive earnings in its most recent quarter.
• The sum of the business’ earnings in the previous 4 quarters must be positive.
• The business must be based in the U.S. and derive at least 50% of its revenue in the U.S.
