Bitcoin News Today: MSTR Misses S&P 500, But Saylor Stays Bullish on Bitcoin’s $21M Future

Strategy Inc. (NASDAQ:MSTR), the technology company known for its aggressive Bitcoin accumulation strategy, has expressed confidence that it will be included in the S&P 500 index, despite missing the inclusion opportunity on Friday. The company met all criteria for inclusion, but the spot was instead awarded to Robinhood (NASDAQ:HOOD), which saw its stock rise nearly 7% following the announcement. The inclusion decision had been anticipated as a pivotal moment for MSTR, potentially enhancing its visibility among institutional investors and retail traders alike. The stock dipped nearly 3% post-announcement, reflecting market disappointment over the outcome [1].

Michael Saylor, the co-founder of Strategy, has long championed Bitcoin as a transformative asset for global finance. At a recent conference, he revised his Bitcoin price target upward, projecting a value of $21 million by 2045. This would represent a nearly 18,800% return on the current price of $110,757.57. Saylor argues that Bitcoin’s role could extend beyond a store of value, serving as the global reserve asset in a tokenized financial system. He envisions a future where $500 trillion worth of global assets are moved onto the blockchain, a vision that could justify Bitcoin’s astronomical valuation [2].

Despite such ambitious forecasts, analysts remain cautious. The current valuation of Bitcoin at a fully diluted market cap of $441 trillion would be unprecedented, surpassing the global GDP and the combined valuation of the S&P 500. Such an outcome is considered highly unrealistic by many observers, who question the practicality of widespread Bitcoin adoption. Moreover, the lack of regulatory clarity in many jurisdictions and the reluctance of governments to cede monetary control pose significant hurdles to the tokenization vision [2].

Nevertheless, Strategy remains a compelling investment option for those seeking exposure to Bitcoin without the operational risks associated with mining. Benchmark Co. analyst Mark Palmer reiterated a "Buy" rating on MSTR with a price target of $705, emphasizing the company's strategic flexibility. The firm has relaxed restrictions on common equity issuance to support its Bitcoin acquisition strategy while maintaining balance sheet strength. This approach allows Strategy to capitalize on advantageous buying opportunities in the volatile cryptocurrency market [3].

The recent exclusion from the S&P 500 has not deterred investors, with several analysts noting that MSTR remains a high-beta stock with substantial upside potential. The company’s Bitcoin holdings, now valued at $71 billion, represent a core component of its corporate strategy. In a broader context, the continued interest in MSTR underscores the growing acceptance of Bitcoin as a legitimate asset class. However, the market’s reaction to the S&P 500 omission highlights the significance of index inclusion in shaping investor sentiment and capital flows [1].

Source:

[1] MSTR News: Strategy Stock Falls as Robinhood Beats It to S&P 500 Inclusion (https://www.coindesk.com/business/2025/09/05/michael-saylor-s-strategy-snubbed-by-s-and-p-500-amid-robinhood-s-surprise-inclusion)

[2] 1 Unstoppable Cryptocurrency to Buy Before It Soars (https://www.fool.com/investing/2025/09/06/1-cryptocurrency-buy-soars-18800-michael-saylor/)

[3] Benchmark Maintains Buy on Strategy (MSTR) Amid Market Volatility (https://finance.yahoo.com/news/benchmark-maintains-buy-strategy-mstr-140845253.html)