MicroStrategy could be included in the S&P 500 if it adopts new accounting rules
According to Benchmark's report, if MicroStrategy chooses to adopt the new standard, its revenue may increase by more than 3 billion US dollars. If the company reports positive earnings, it will meet the final criteria for inclusion in the S&P 500 index. The broker said this would increase MicroStrategy's valuation as index funds would be forced to buy the stock.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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