Strategy missed the cut for admission into the S&P 500 Friday when three additions were announced— AppLovin Robinhood Markets and Emcor —and it could be tough for the big Bitcoin holder to be chosen. The company looks more like an exchange-traded fund or closed-end fund than an operating company with ample recurring revenue and profits. The company’s strategy is to issue equity—mostly common stock and some preferred—and buy Bitcoin, making it a giant repository of the cryptocurrency.
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Why Strategy Stock May Never Make It Into the S&P 500
Published 2 months ago
Sep 8, 2025 at 5:51 PM
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