Bitcoin's Index Inclusion: Strategy's Q1 Price Target

Coin WorldSaturday, Feb 15, 2025 11:20 pm ET

1min read

Strategy, formerly known as MicroStrategy, is poised for inclusion in the S&P 500 index by June 20th, 2025, which could significantly increase indirect exposure to Bitcoin through index funds. According to CoinDesk, if Bitcoin closes the first quarter above $96,000, Strategy may complete the S&P 500 index inclusion process.

To meet the admission requirements, Strategy needs to achieve a "positive GAAP net income in the past 12 months." Analyst Richard Hass pointed out that assuming Strategy's holdings remain unchanged, Bitcoin needs to close above $96,337 in the first quarter to meet this requirement. Based on the current holdings of 478,740 BTC, Bitcoin needs to reach $96,337 on March 31st.

On December 14th, 2024, MicroStrategy (MSTR) was included in the Nasdaq 100 index. Benchmark analyst Mark Palmer stated that if the Bitcoin price remains strong and MSTR continues to accumulate, inclusion in the S&P 500 is within reach. Being included in the S&P 500 is significant as all S&P 500 index funds will hold MSTR stocks, indirectly exposing investors to Bitcoin.

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