S&P 500 Rejects Strategy Despite Meeting Eligibility Criteria, JPMorgan Reports

TLDR Strategy (formerly MicroStrategy) was rejected from S&P 500 despite meeting technical criteria JPMorgan analysts warn this signals caution toward companies functioning as bitcoin funds Index committee’s decision affects not just Strategy but similar crypto treasury firms Other index providers might reconsider including crypto treasury companies Market shows signs of “fatigue” with share prices dropping [...]

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