The strategy's profitability level has met the S&P 500 inclusion criteria, and if included, it will bring $16 billion in Liquidity.

On September 5, according to Bloomberg, Strategy has theoretically met the profit conditions required for inclusion in the S&P 500 due to recording $14 billion in unrealized gains last quarter. If included, passive funds tracking the index would need to passively buy about 50 million shares, amounting to approximately $16 billion at current prices, which would lead to institutions passively holding about $70 billion in Bitcoin reserves. Although Strategy has been included in the Nasdaq 100 by the end of 2024, the S&P 500 has stricter requirements regarding Liquidity, market capitalization (no less than $22.7 billion), profit records, and industry balance, ultimately depending on the committee's judgment.

BTC0.56%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)