Been watching MSTR for a while, and this week feels different. News is buzzing that they've finally met all the criteria to get listed on the S&P 500. The decision could apparently come down this Friday.
It's pretty wild to think a company that basically went all in on a Bitcoin strategy could join such a mainstream index. If it happens, imagine the exposure. All those index funds would have to start buying their stock. It feels like another huge step for bringing crypto into the traditional finance world, moving it from a fringe asset to something undeniable.
Still not convinced 100% but at least some one is using market methods to push $BTC
Skepticism’s fair. If MSTR does make the S&P, passive funds will have to buy it, which is real demand and could spill over into BTC’s sentiment and liquidity.
I like the instream of #capital !BBH
Same here, the more passive flows pile in, the more buys get forced, and that stream can lift both MSTR and BTC.
!IDD, opening up #crypto by #etf was massive, even though now #wallstreet is here to stay
!BBH