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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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Analysts believe that Michael Saylor's Strategy Q2 has a high probability of being included in the S&P 500 index, reaching as high as 91%.
Gate News bot message, according to Cointelegraph, an analyst said that as long as BTC does not fall by more than 10% by the end of the second quarter, Michael Saylor's Strategy (stock code: MSTR) under the ticker (Michael Saylor) is likely to be included in the S&P 500 index.
Financial analyst Jeff Walton (Jeff Walton) said in a video on Tuesday, "I think the likelihood of MSTR being included in the S&P 500 index in the second quarter is about 91%."
Walton explained that in order to achieve this goal, BTC must not fall below $95,240 by June 30th. He said that if it falls below this level, the earnings for the second quarter of Strategy (the company with the largest BTC holdings among listed companies, holding 592,345 BTC) will not exceed the sum of the previous three quarters.
Walton stated that to meet the inclusion criteria of the S&P 500 index, a company must have achieved positive total earnings in the past four quarters. However, Strategy has been in a net loss position for the past three quarters.
Note: The Standard & Poor's 500 Index tracks the stock prices of the 500 largest publicly traded companies in the United States.