Highlights
Michael Saylor highlighted Strategy’s outperformance after the company was excluded from the S&P 500. The firm also addressed Nasdaq treasury rule concerns as MSTR price swings.
Michael Saylor, Executive Chairman of Strategy, reacted to the company’s exclusion from the S&P 500 index with a performance comparison. He shared a chart on social media showing annualized returns since the Bitcoin standard era.
Strategy’s return was listed at 92%, far higher than Bitcoin’s 55% and the S&P 500’s 14%. The post from Saylor suggests that Strategy’s Bitcoin-focused approach remains competitive with traditional benchmarks despite the decision of the index.
It also turns attention away from the exclusion to the company’s record of beating broader markets. By placing Strategy alongside Bitcoin, real estate, bonds and the S&P 500, Saylor indicates that the firm is the best performer of the new era.
Investor sentiment had been building around Strategy’s possible inclusion in the index, with many viewing it as recognition of the company’s expanding profile. The failure to make the S&P 500 index listing delays the potential inflows and visibility that usually come with such a membership. Saylor’s chart appeared timed to assure shareholders that the company’s fundamentals and performance speak louder than index rebalancing.
TradingView data reflected a volatile day for Strategy’s stock (MSTR). The price closed at $335.87, up 2.53 percent on the day. Gains peaked during regular trading hours before a sharp drop in after-hours trading pushed the price near $326. Despite the late decline, MSTR remains up 174%.
Strategy also addressed regulatory developments tied to Nasdaq’s new stance on digital asset treasuries. The company stated that the change does not affect its ATMs (at-the-market share offerings), treasury structures, or capital market activities.
Hence, Strategy will continue with its Bitcoin accumulation strategy. This statement was meant to calm speculation that Nasdaq’s position could restrict Strategy’s unique approach to digital asset holdings.
Meanwhile, a Bloomberg post has confirmed Michael Saylor’s entry into its Billionaires Index of the world’s top 500 wealthiest people. He is ranked at number 491 with an estimated fortune of $7.37 billion.
The new ranking shows how Saylor grew both his wealth and Strategy’s profile with his Bitcoin-driven approach. Saylor’s inclusion by Bloomberg is an institutional recognition.
It puts him alongside technology founders, financiers and global industrial leaders. Although Strategy missed an inclusion into the S&P 500, Saylor himself became more visible as a billionaire through the Bloomberg wealth tracker.
The Bitcoin Fear and Greed Index slumped to extreme fear at 10, its lowest level…
The Solana and XRP ETFs are enjoying a solid start to life on Wall Street,…
The Bureau of Labor Statistics (BLS) has provided an update on when it will release…
A fresh wave of panic gripped the market as Bitcoin fell below $95,000 for the…
BitMEX co-founder has continued to make bullish comments on Zcash, which he recently revealed his…
Fresh data showed that BlackRock pulled about $473.72 million worth of Bitcoin in a single…