but didn't ya kind of wonder why a big index would want that particular company included in the index's data all of a sudden?
Hence why the use of this "qualified For Consideration"
They may not approve it or might even delay it.
Strategy being added would around 0.2% weight to the S&P 500 say around $100billion market cap vs the index around $50 trillion
so its impact on retail portfolios might be diluted.
why a big index would want that particular company included in the index's data all of a sudden?
They haven't confirmed that it would.
The thing is MSTR meets the criteria in being considered for listing
https://www.bankrate.com/investing/s-p-500-stocks-list-of-additions/but I would not trust a very loud voice from the billionaire cheering section nor even think for a second that they have any of our best interests in mind.
They don't. I don't think anybody his naive to think they are Messiah of Bitcoin.
They want a piece of the pie
Just like Real estate giants saw the advent of Land, they are competing on this too.
Thanks. Thought it was going to be common knowledge since Q2 has ended with them ticking the buttons.