Bloomberg: Strategy becomes a potential S&P 500 candidate, could receive $16 billion investment if included

Foresight News reported, citing Bloomberg, that Strategy has become a potential candidate for inclusion in the S&P 500 Index. According to current rules, last quarter's unrealized gains of $14 billion at least theoretically meet the profitability requirements for index eligibility. According to analysis by Stephens Inc., if approved, passive funds tracking the index would be forced to buy nearly 50 million shares, valued at approximately $16 billion at current prices.

However, in addition to earnings, the S&P committee will also assess liquidity, profitability, and trading history, and will make judgments based on industry balance. For example, companies included must be highly liquid U.S. companies with a market capitalization of at least $22.7 billion, and must have posted positive income in the most recent quarter and over the past four quarters.