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Analyst: The probability of Strategy being selected for the S&P 500 index in the second quarter is 91%.
PANews June 25th news, according to Cointelegraph, financial analyst Jeff Walton stated that Strategy (formerly MicroStrategy, stock code MSTR) has a 91% probability of meeting the S&P 500 inclusion criteria in the second quarter. The key condition is that the BTC price needs to stay above $95,240 before June 30th, and the company currently holds 592,345 BTC. Walton pointed out that the S&P 500 requires component stocks to have accumulated profits in the past four quarters, while MicroStrategy has posted net losses for three consecutive quarters. If BTC maintains its current level of $106,200, its Q2 profits will cover previous losses. If the company successfully joins, it will become the first major BTC concept stock to be included in the index.