MicroStrategy is inching closer to being one of the top 500 companies in the US, which would make it eligible for inclusion in the S&P 500 market index.
Being part of this index would mean that Bitcoin would be part of every other investment portfolio, as MicroStrategy is the largest public BTC holder.
MicroStrategy could push its way into the Standard and Poor’s 500, or S&P 500 stock market index in the near future, sparking the largest Bitcoin adoption routes ever and creating a feedback loop that would attract billions into the crypto industry.
The S&P 500 is a stock market index that tracks the performance of the top 500 publicly traded companies in the US. One of the most followed indices globally, the S&P 500 encompasses over 80% of the total market cap of all public US companies at over $42 trillion.
At press time, MicroStrategy ranks 535th, dipping 25 positions in the past day as its stock shed 6.74% to change hands at $718. However, since the month began, its
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