Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

MicroStrategy could be included in the S&P 500 if it adopts new accounting rules

CointimeCointime2024/04/25 13:01
By:Cointime

According to Benchmark's report, if MicroStrategy chooses to adopt the new standard, its revenue may increase by more than 3 billion US dollars. If the company reports positive earnings, it will meet the final criteria for inclusion in the S&P 500 index. The broker said this would increase MicroStrategy's valuation as index funds would be forced to buy the stock.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Stake to earn
APR up to 10%. Always on, always earning.
Stake now!