Analyst: Strategy has a 91% chance of meeting S&P 500 inclusion criteria in this year's second quarter

TechFlow, June 25 — According to Cointelegraph, financial analyst Jeff Walton said that as long as Bitcoin does not drop more than 10% before the end of Q2, Michael Saylor's Strategy (ticker: MSTR) has approximately a 91% probability of qualifying for inclusion in the S&P 500 Index.

Walton explained that to meet the eligibility criteria, Strategy must achieve positive cumulative earnings over the past four quarters, which requires Bitcoin to remain above $95,240 by June 30. Strategy currently holds 592,345 bitcoins, making it the publicly traded company with the largest Bitcoin holdings.