Michael Saylor’s strategy (MSTR) Friday, failed to the index S&P 500, despite the hopes of inclusion after the company has published one of the strongest quarters of its history and meets all the criteria to join the index.
The stock of the largest business bitcoin The holder has decreased almost 3% after market hours, erasing all of Friday earnings. Inclusion would have been an important step for the company and for the industry, because it would have exposed millions of average investors and portfolio managers to the company, potentially acting as a bull catalyst.
In a surprise decision on Friday, the Robinhood digital trading platform (HOOD)With increasing crypto ambitions, was included in the S&P 500 index, which increased 7% action after closing the market. The changes will come into force on September 22.
Before Friday, only two actions related to cryptography were part of the index: Crypto Exchange Coinbase (COIN) And the Jack Dorsey block (Xyz). Robinhood will now be added to this coveted list.
Read more: the strategy is qualified for S&P 500, the inclusion decision could happen on Friday
