Strategy has officially qualified For Consideration for S&P 500 inclusion in September.
That means nothing. Actually, worse than nothing because swapping out underperforming companies for high-flyers is a way to keep the stock market looking healthy, perhaps healthier than the economy itself. I don't know who MSTR is going to replace since I have not looked into it, 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?
All of that shit is manipulated as much as it can be. The S&P 500 is not a country club; it's supposed to be a barometer of the market (I have to suppress a giggle) and many small investors buy index funds, as do 401k plans, and god knows who all else. Better hope Saylor knows how to keep the line going up for a lot of folks' sake. Me? I don't have faith in that feat, his proselytizing, his sucking up to politicians or his business model of get $-->buy
BTC, make an announcement.
If bitcoin does happen to keep rising for a long time, people are going to think he was prescient--but nobody is.
And let's see, there are a lot of small coffee shops that mimic Starbucks; anyone think it's possible to just imitate MSTR's current business plan of buying and holding bitcoin, maybe out of a downtown office building in a small US city? The more I think about all of this, the more bizarre and inverted the world appears. Go bitcoin, go, but we all know that ever since bitcoin was created every sort of charlatan, crook, reprobate, robber, pederast, and in general the worst people have emerged from the rocks under which they'd been hiding, waiting for a juicy opportunity to...let's say 'redistribute wealth'. Y'all can disagree with me, 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.