X @Wu Blockchain
According to Bloomberg, Strategy Inc. (formerly MicroStrategy) has theoretically met the S&P 500’s profitability criteria with a $14 billion unrealized gain last quarter. Inclusion would trigger passive index funds to buy around 50 million shares, worth roughly $16 billion at current prices, passively exposing institutions to its $70 billion Bitcoin treasury. https://t.co/A6a1AXEqRw ...