The founder of "Strategy" comments on the refusal to list "MSTR" in the "S&P 500"
Michael Saylor, the founder of "Strategy" and a well-known advocate for Bitcoin, responded to the decision not to list his company's stock (MSTR) in the "S&P 500", despite its superior performance compared to the index itself.
In a tweet accompanied by a chart, Saylor pointed out that "MSTR" surpassed "SPY" in terms of returns, and even outperformed Bitcoin in terms of Bitcoin era returns, as the company recorded growth of 92%, compared to 55% for Bitcoin and 14% for "SPY".
The refusal came on September 5, while "Robinhood" was listed in the index, despite its indirect association with cryptocurrencies.
This decision surprised Saylor, who believed that "MSTR" met all the criteria except for official recognition.
Following the news, "MSTR" shares fell by 2%.
Nevertheless, the company confirmed through its official account that it remains committed to its Bitcoin strategy and will not deviate from it.
