MicroStrategy Faces S&P 500 Snub: Saylor Reacts to Index Exclusion
Michael Saylor, co-founder of the Bitcoin treasury company Strategy (MSTR) and a prominent Bitcoin advocate, recently reacted to his company's exclusion from the prestigious S&P 500 index. Despite MSTR's significant market outperformance, a decision made on Friday, September 5, confirmed its rejection, sparking immediate market reactions and Saylor's public response.
Saylor expressed his reaction via a tweet, sharing an infographic that underscored MSTR's superior market performance compared to the S&P 500 (SPY). The data presented indicated that MSTR had surged by 92%, far surpassing SPY's 14% increase and even outperforming Bitcoin's 55% annualized growth during the
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