Odaily News Strategy (MSTR) is on track to be included in the S&P 500 by June 20. Currently, the company meets all eligibility requirements except one: positive GAAP net income for the last 12 months (last four quarters combined). To qualify, the company's earnings in the first quarter of 2025 must be high enough to offset the losses in the previous three quarters. This goal can be achieved by adopting the (now mandatory) Financial Accounting Standards Board (FASB) digital asset accounting rules.
For that to happen, Bitcoin would need to close the first quarter above the firm’s average purchase price of $96,337 during those three months. A close below that level would force Strategy to book a loss, perhaps preventing it from being included in the S&P 500. (CoinDesk)