MicroStrategy co-founder Michael Saylor stated that inclusion in the S&P 500 is irrelevant in the long term during a CoinDesk podcast on November 23. Saylor emphasized that Bitcoin and digital assets, once challenged by credit rating agencies and regulators, are now gaining acceptance. He noted that even Basel regulations initially valued Bitcoin at zero, but institutions are increasingly recognizing its potential. Saylor argued that if Bitcoin is indeed superior digital capital, market forces will naturally allocate resources, rendering short-term decisions by index managers and financial institutions inconsequential, while creating opportunities for other investors.
Michael Saylor Dismisses S&P 500 Inclusion as Long-Term Irrelevant
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