Strategy's Potential Inclusion in the S&P 500 Index Grows More Likely - Bloomberg

Strategy (formerly MicroStrategy), led by Michael Saylor, has emerged as a candidate for inclusion in the S&P 500 Index. The company recorded $14 billion in unrealized profits in the previous quarter, theoretically meeting the profitability requirements necessary for index inclusion, as reported by Bloomberg. The S&P committee selects candidates considering liquidity, profitability, trading history, and sector balance. Strategy, with a market capitalization of $90 billion, recorded the highest liquidity ratio among the 26 candidates, exceeding the quantitative requirements. The inclusion of companies like Coinbase Global and Block (formerly Square) suggests...