Analyst: MicroStrategy is expected to be included in the S&P 500 by June 2025
ChainCatcher news, according to The Block, MicroStrategy (MSTR) will officially join the Nasdaq 100 Index on December 23, 2024, becoming the first Bitcoin-focused company to be included in the index.
The index includes the 100 largest non-financial companies listed on the Nasdaq stock market. Being part of this index means that ETFs tracking the index can purchase a significant amount of shares. Analysts expect this will bring about $2.1 billion in passive ETF buying. Although the company has not yet met the earnings criteria for the S&P 500, MicroStrategy is expected to be included in the S&P 500 quarterly adjustment in June 2025 after the new accounting standards take effect in January 2025.
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