Strategy Inc. Qualifies for S&P 500 Inclusion Fueled by $70B Bitcoin Holdings

Strategy Inc., formerly MicroStrategy, now meets the eligibility criteria for the S&P 500 index, according to Bloomberg. This development is attributed to its substantial $70 billion in Bitcoin holdings and $140 billion in quarterly unrealized profits. Inclusion in the index could trigger an estimated $16 billion in share purchases by passive funds, although the final decision is contingent on a review by the S&P 500 committee, which will assess the company's volatility and the index's industry balance.

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