Strategy is expected to be selected for the S&P 500 in June, driving a large number of index funds to indirectly invest in Bitcoin

According to BlockBeats, on February 16th, CoinDesk reported that if Bitcoin closes above $96000 in the first quarter, Strategy (formerly MicroStrategy) may complete the S&P 500 index inclusion process before June 20th. At present, Strategy only needs to achieve 'positive GAAP net profit for the past 12 months' to meet all admission criteria. To achieve this goal, the profit in the first quarter of 2025 needs to be sufficient to offset the losses in the first three quarters. Analyst Richard Hass pointed out that assuming Strategy's position remains unchanged, Bitcoin needs to close above $96337 in the first quarter to meet the requirement for net profit to turn positive over the past 12 months. Based on a net loss of $671 million in the fourth quarter of 2024, MSTR needs to achieve a profit of $1.13 billion in the first quarter of 2025 to turn its net profit positive for the past four quarters. Based on the current position of 478740 BTC, Bitcoin needs to reach $96337 by March 31st On December 14th last year, MicroStrategy (MSTR) was included in the Nasdaq 100 index. Benchmark analyst Mark Palmer said, 'If Bitcoin prices remain strong and MSTR continues to increase holdings, MSTR will be within reach of the S&P 500.'. Although being selected for the NASDAQ 100 is significant, the S&P 500 is the holy grail, and all S&P 500 index funds will hold MSTR stocks, indirectly exposing investors to Bitcoin