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
Recommended Articles
Central African Republic's Risky Crypto Wager Threatens National Wealth
A new report from the Global Initiative Against Transnational Organised Crime raises concerns about the Central African ...
Sovereign Power Play: Bhutan's Bold Move to Fuel Mega-City with 10,000 Bitcoin
Bhutan has committed up to 10,000 bitcoin to support the long-term development of its ambitious Gelephu Mindfulness City...
Bitwise Declares Bitcoin's Four-Year Cycle Dead, Forecasts 2026 Highs
Asset manager Bitwise predicts Bitcoin will break its historical four-year market cycle in 2026, setting new all-time hi...
Michael Saylor's BTC Dominance: MicroStrategy Now Commands 3.2% of Total Bitcoin Supply!
Strategy's CEO Michael Saylor says that the company is trying to buy more bitcoin. He believes that bitcoin is the found...
Bitcoin Bloodbath: $200 Million Liquidated as Price Plummets Below $87K
Bitcoin faces an extremely bearish outlook this week, struggling to hold the $84,000 support level after a significant w...
Crypto Shocker: World's Highest IQ Backs XRP, Cardano Explodes, SHIB Dumps $110M!
The crypto market concluded the week passively, with selective liquidity and no urgent buying. While XRP saw attention f...
You may also like...
Arsenal Legend Thierry Henry to Receive Prestigious BBC Lifetime Achievement Award
Former Arsenal and France football legend Thierry Henry will be honored with the Lifetime Achievement award at the 2025 ...
Maresca's Emotional Rollercoaster: Chelsea Boss Claims 'Happy' After 'Worst 48 Hours'
Chelsea boss Enzo Maresca has clarified his previous 'worst 48 hours' comments, now expressing happiness and a deeper co...
Fallout Season 2 Shatters Records, Outperforming HBO's Last of Us!
Fallout Season 2 has premiered on Prime Video to overwhelmingly positive critical and audience reception, scoring a near...
Winter Is Back! Kit Harington Hints at Massive Game of Thrones Comeback
Kit Harington has definitively shut down any possibility of reprising his role as Jon Snow, stating he doesn't want to g...
Love Blossoms: Anwuli & Kennedy's Instagram Romance Leads to #HappilyEverOffor!
Anwuli and Kennedy's love story, sparked by an Instagram connection, led to a beautiful Igbo traditional wedding. After ...
Teyana Taylor & Lucien Laviscount Light Up the 'Spirit Tunnel' with Epic Dance Moves!
The Jennifer Hudson Show features high-energy 'Spirit Tunnel' entrances, with Lucien Laviscount making a stylish walk an...
Kenya's Billion-Shilling Travel Bill: Austerity Pledge Broken?
The Kenyan government spent nearly Sh5 billion on travel in the first three months of FY 2025/26, raising concerns about...
Shehu Sani Urges Nigerians: Shun US Travel Ban, Build Nation
The United States has enacted new travel restrictions impacting Nigerian nationals, covering both immigrant and several ...