Analysis: If Bitcoin closes above $96,337 in Q1, Strategy is expected to be included in the S&P 500 index in the first half of the year

Odaily Planet Daily News Strategy (MSTR) is expected to be included in the S&P 500 index by June 20. Currently, the company meets all eligibility requirements, except for one: positive GAAP net income in the past 12 months (the last four quarters combined). To qualify, the company's earnings in the first quarter of 2025 must be high enough to offset the losses in the previous three quarters. This goal can be achieved by adopting the (now mandatory) Financial Accounting Standards Board (FASB) digital asset accounting rules. To do this, Bitcoin needs to close in the first quarter above the company's average purchase price of $96,337 during those three months. A closing price below that level would force Strategy to record a loss, perhaps preventing it from being included in the S&P 500 index. (CoinDesk)