MicroStrategy Faces S&P 500 Snub: Saylor Reacts to Index Exclusion

Strategy (MSTR), the Bitcoin treasury company led by Michael Saylor, was rejected from the S&P 500 index despite its strong market performance. Saylor criticized the decision, highlighting MSTR's outperformance, while the secretive selection committee's subjective criteria are cited as the reason for the snub.
David Isong
David Isong • Crypto • 10 months ago • 1 minute read •
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

Loading...