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Institutional Crypto Research Written by Experts

Author

Markus Thielen
March 06, 2024

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irl Media NEWSThe business behind the news, with a healthy dose of sarcasm.

👇1-14) On September 28, 2023, our report highlighted ‘Listed Bitcoin Miners Could Be the Ultimate Bet for 2024’, including other crypto companies like MicroStrategy, Coinbase, and Galaxy. In our report, we worked with a scenario analysis of $70,000 per Bitcoin and projected a massive upside for those stocks.

👇2-14) At a $21 billion market cap, MicroStrategy trades comfortably above the minimum requirement to be included in the SP500 ($15.8 billion). It could be included in one of the subsequent quarterly index rebalances, requiring index funds to buy MicroStrategy shares according to the company’s index weight.

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