MicroStrategy’s market cap would need to rise another $3.7 billion and meet other eligibility criteria in order to have a chance of making it on the popular index, however.
MicroStrategy, the largest corporate holder of Bitcoin (BTC), is slowly creeping toward being eligible for inclusion on the S&P 500 index — a milestone that could see Bitcoin firm appearing on “nearly every portfolio.”
The Bitcoin-focusefirm would still need to meet strict eligibility criteria and secure a hefty market cap boost, however.
Data shows MSTR moved up to 535th position among the largest publicly-listed companies in the United States on Feb. 15, following an eight-day trading span that saw MSTR rally 46%.
English