$Strategy(MSTR.US) - S&P 500 REJECTION A SETBACK FOR MICROSTRATEGY AND CRYPTO TREASURIES: JPMORGAN
JPMorgan said the S&P 500 committee’s decision to block MicroStrategy’s inclusion is a major setback for corporate crypto treasuries. The move signals reluctance to treat bitcoin-heavy firms as eligible for the benchmark index.While MicroStrategy is included in other indices, JPMorgan warned this rejection could prompt index providers to reconsider crypto-linked companies. The bank also noted growing investor fatigue, weaker issuance, and rising risks to the sustainability of corporate crypto treasury models.The copyright of this article belongs to the original author/organization.
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