BREAKING
402d 5h ago

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

BTC

BTC/USDT

$68,506.17
-2.79%
24h Volume

$13,784,700,649.61

24h H/L

$70,516.82 / $68,110.55

Change: $2,406.27 (3.53%)

Long/Short
63.9%
Long: 63.9%Short: 36.1%
Funding Rate

+0.0001%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$68,506.17

-0.60%

Volume (24h): -

Resistance Levels
Resistance 3$72,364.25
Resistance 2$70,811.58
Resistance 1$68,867.82
Price$68,506.17
Support 1$68,115.84
Support 2$65,637.54
Support 3$62,909.86
Pivot (PP):$68,735.17
Trend:Downtrend
RSI (14):44.9

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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