BREAKING
357d 15h ago

Bitcoin Must Hit $96,337 for MicroStrategy’s Inclusion in S&P 500 by June 2025

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

According to COINOTAG News, a recent report from CoinDesk indicates that Bitcoin is poised for pivotal movement during Q1. If Bitcoin maintains a closing price above $96,000, MicroStrategy (now referred to as Strategy) may position itself for inclusion in the S&P 500 by June 20th. At this stage, the company needs only to demonstrate positive GAAP net income over the past twelve months to satisfy all entry requirements. Analysts highlight that a profitable Q1 2025 would be essential to offset the substantial losses incurred in previous quarters.

Expert analyst Richard Hass notes that following a net loss of $671 million in Q4 2024, Strategy will need to generate a profit of approximately $1.13 billion in Q1 2025 to achieve a positive net profit for the year. Given their current holdings of 478,740 BTC, Bitcoin’s price must reach at least $96,337 by March 31st.

MicroStrategy’s recent inclusion in the Nasdaq 100 Index on December 14 of last year highlights its progress. Mark Palmer, a benchmark analyst, emphasizes the significance of maintaining Bitcoin’s strength for continuing accumulation, suggesting that S&P 500 inclusion is highly attainable. Despite the milestone of joining the Nasdaq, the S&P 500 represents a more substantial opportunity as it would increase indirect exposure to Bitcoin for all S&P 500 index fund investors.

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