Michael Saylor's MicroStrategy (MSTR) has a strong chance of being included in the S&P 500, provided Bitcoin does not decline more than 10% before the end of Q2, according to analyst Jeff Walton. He estimates a 91% likelihood of MSTR qualifying if Bitcoin remains above $95,240 by June 30. With 592,345 Bitcoins, MicroStrategy holds the largest Bitcoin reserves among public companies. To qualify for the S&P 500, a company must show positive earnings over the last four quarters, but MicroStrategy has reported net losses in the previous three. Walton's analysis is based on Bitcoin trading at $106,044 at the time of his video and historical data showing that Bitcoin has dropped over 10% in only 8.7% of six-day periods since 2014. Despite recent geopolitical tensions causing Bitcoin to dip below $100,000, if successful, MicroStrategy would join Coinbase as the second crypto firm in the S&P 500 this year, marking a significant milestone for the industry. Read more AI-generated news on: https://app.chaingpt.org/news

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