Big news for Bitcoin! A company called Strategy (MSTR) owns lots of Bitcoin. They might soon be added to a super important stock list called the S&P 500. This is huge because it means many more people will invest in MSTR, and indirectly, in Bitcoin!
- MSTR needs to make a profit to get into the S&P 500.
- A new rule says they count their Bitcoins at their current value.
- If Bitcoin's price goes up, MSTR will make more money.
- Experts say Bitcoin needs to reach around $96,337 by the end of March to make MSTR profitable.
Fact | Number |
---|---|
MSTR's Bitcoin holdings | 478,740 |
Target Bitcoin price | $96,337 |
Needed profit | $1.113 Billion |