The committee believes that MicroStrategy's earnings volatility is excessive due to its significant exposure to #Bitcoin 🟠, and therefore prefers companies with more stable cash flows.
Interestingly, this parallels the early experiences of Tesla and Meta before becoming index giants.
Even as the largest Bitcoin holder, MicroStrategy is currently excluded from the S&P 500.
Do you think the index will one day be compelled to include true "Bitcoin companies" like MicroStrategy?
#MetaplanetBTCPurchase