Benchmark: MicroStrategy could be included in the S&P 500 if it adopts new accounting rules

Benchmark: MicroStrategy could be included in the S&P 500 if it adopts new accounting rules

Bitget2024/04/25 13:07

Golden Finance reported that Benchmark reported that if MicroStrategy chooses to adopt the new accounting standards, its earnings could increase by more than $3 billion. If the company reports positive earnings, it will meet the final conditions for inclusion in the S&P 500 index. The broker said this would increase MicroStrategy's valuation because index funds would be forced to buy the stock.

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