When will MicroStrategy join the S&P 500? (Hint: not anytime soon)

MicroStrategy (Nasdaq: MSTR), now known as Strategy, failed to make it to the S&P 500 index after the rebalance on Sep. 5. The Bitcoin treasury firm was among the firms that analysts expected to be finally included in the exclusive club, but the committee gave it a miss this time too. Related: What is Crypto? Cryptocurrency explained Committee decision to not include MicroStrategy Eric Balchunas, the senior ETF analyst, had remarked that though the company qualifies, it is in an already overweight secto ...