Interesting news came—MicroStrategy (MSTR) was once again rejected by the S&P 500.
This time, the company taking the stage is storage device manufacturer Sandisk, which will don the S&P 500 armor starting this Friday, replacing advertising company Interpublic Group's position. Can you believe it? Sandisk's stock price has soared nearly 400% in the past three months, definitely riding the wave of AI hype.
In contrast to MSTR, which holds a lot of Bitcoin but still cannot enter this club. The market is so realistic; the S&P stock selection committee still looks at those traditional indicators. However, that said, the shareholders of MSTR probably don’t care much about this matter—they want BTC to soar, not the title of being an index component.
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liquidation_watcher
· 11-28 03:16
What's the regret of MSTR not being able to enter the S&P? Anyway, the holdings are all BTC, the index component stocks have nothing to do with us.
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MainnetDelayedAgain
· 11-26 00:28
According to the database, MSTR has been rejected for the nth time, and it's been a while since the last time it was criticized... Forget it, the number is too big, I'm afraid you can't handle it. Sandisk has increased by 400% in three months, the project party's promised vision has quickly become a reality, I suggest MSTR learn from them how to ride the wave of popularity.
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LiquidityWitch
· 11-25 06:36
The rejection of MSTR has been seen through long ago; S&P only recognizes money, not btc. That said, what we want is for Bitcoin to appreciate; what use is the name of the index constituents?
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ForkInTheRoad
· 11-25 06:28
Haha, MSTR has been pushed down again, but do the brothers really care? Anyway, holding BTC is what truly matters.
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ForkTongue
· 11-25 06:26
MSTR got rejected again, LOL, but we honestly don’t care about this crappy index anymore. We’ll just wait for BTC to take off.
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GasFeeCrier
· 11-25 06:20
The stock selection logic of the S&P 500 is really ridiculous. MSTR holds a large amount of BTC but still can't get in? Might as well rename it "Traditional Stock Index."
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Layer2Arbitrageur
· 11-25 06:15
lmao MSTR getting rejected again while sandisk pumps 400% on AI hype... the committee's still running legacy metrics, ng. if you actually calculate the basis points MSTR's leaving on the table by not being in there, it's honestly suboptimal. but ngl, shareholders don't care about index inclusion when they're holding the real alpha—BTC moves way more than s&p weighting anyway.
Interesting news came—MicroStrategy (MSTR) was once again rejected by the S&P 500.
This time, the company taking the stage is storage device manufacturer Sandisk, which will don the S&P 500 armor starting this Friday, replacing advertising company Interpublic Group's position. Can you believe it? Sandisk's stock price has soared nearly 400% in the past three months, definitely riding the wave of AI hype.
In contrast to MSTR, which holds a lot of Bitcoin but still cannot enter this club. The market is so realistic; the S&P stock selection committee still looks at those traditional indicators. However, that said, the shareholders of MSTR probably don’t care much about this matter—they want BTC to soar, not the title of being an index component.