MicroStrategy, led by Michael Saylor, is on the brink of a significant milestone — the potential inclusion in the S&P 500 index. Financial analyst Jeff Walton estimates the probability of this event at 91%.
MicroStrategy's Odds of Joining S&P 500
According to Jeff Walton, MicroStrategy (MSTR) has a 91% chance of joining the S&P 500 index by the end of Q2. In six days, the company may reach this significant milestone if conditions remain favorable.
Dependence on Bitcoin Prices
Walton notes that the success of the firm's inclusion depends on whether Bitcoin can stay above the $95,240 mark this month. At the time of analysis, Bitcoin was trading at $106,044, indicating a potential for stability, but any drop below this threshold could negatively impact MicroStrategy's chances.
Market Factors Impacting Predictions
Despite the optimism, several risks remain. Tensions in the Middle East have put pressure on Bitcoin's price, leading to a short-term drop below $100,000. Reportedly, at the time of analysis, Bitcoin had recovered to $106,200, keeping MicroStrategy on track for potential inclusion in the S&P 500.
If MicroStrategy is added to the S&P 500, it would mark a significant step for the crypto industry, making the company the second, after Coinbase, to achieve this milestone in 2025.
