Microstrategy, now doing business as a strategy (MSTR)was officially qualified for a potential inclusion in the S&P 500 after having displayed one of the strongest districts in its history.
In the second quarter of 2025, the company declared $ 14 billion in operating profit and $ 10 billion in net profit, or $ 32.6 in profit diluted per share. Quarterly revenues reached $ 114.5 million, a modest increase of 2.7% from one year to the next, the subscription services increasing by almost 70%.
The results mark a spectacular turnaround from previous years, when accusations of depreciation linked to Bitcoin Depression reported income. The adoption of new fair value accounting standards in January 2025 allowed the strategy to recognize unrealized gains on its digital assets, directly increasing profitability. Bitcoin exchanging $ 100,000 during the period, the company has reserved massive paper gains that have transformed its balance sheet.
As of June 30, the strategy held 597,325 Bitcoin. The company has highlighted a BTC yield of 19.7% up to date, a key performance indicator measuring the percentage of variation in the ratio between its number of bitcoins and the diluted actions supposed in circulation.
Management increased advice for the full year from $ 2025 to $ 34 billion in operating profit, 24 billion dollars in net profit and $ 80 diluted BPA, assuming an end -of -year bitcoin price of $ 150,000.
With a coherent profitability now established, the strategy meets all the requirements of the S&P 500: American registration, market capitalization well above the threshold of $ 8.2 billion, daily negotiation volumes exceeding 250,000 shares, more than 50% of public float and a positive benefit in the last quarter and on a twelve month basis.
The next potential window for inclusion is the rebalancing of September 2025, with announcements expected on September 5 and changes taking effect on September 19. Although the S&P Dow Jones Committee indices retains discretion, the qualification of the strategy underlines the growing role of bitcoin in traditional financial markets.
If it is admitted, it would be the first company Bitcoin-Treasury to enter the reference index, symbolizing a historic moment for the integration of digital assets into American actions.
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