MicroStrategy (MSTR) must see Bitcoin prices exceed $95,200 by June 30 to qualify for inclusion in the S&P 500, according to analysts. This threshold is critical for the company, which has heavily invested in Bitcoin, to meet the market capitalization requirements necessary for entry into the prestigious index.
The company's strategy of accumulating Bitcoin has been a significant factor in its valuation, with its stock price closely tied to Bitcoin's performance. As the deadline approaches, market watchers are keenly observing whether Bitcoin can reclaim its all-time high and bolster MicroStrategy's bid to join the ranks of the S&P 500.
MicroStrategy Requires Bitcoin Above $95.2K for S&P 500 Entry
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