【Michael Saylor: The accounting rules coming into effect next year may enable MicroStrategy to meet the S&P 500 profit requirements】Golden Finance reported on December 22 that, according to Barrons, Michael Saylor, the chairman of MicroStrategy, did not explicitly state in a recent interview whether the company could be included in the S&P 500. However, he mentioned that given the optimistic view on Bitcoin, MicroStrategy may report billions of dollars in quarterly net income next year due to the increase in the value of its Bitcoin holdings. The accounting rule changes taking effect in 2025 may allow MicroStrategy to meet the profit requirements for joining the S&P 500. It is reported that MicroStrategy's traditional software business (its main business before it began acquiring large amounts of Bitcoin in 2020) is relatively small, with a valuation of only about $1 billion. Additionally, this business is in a loss position according to GAAP (Generally Accepted Accounting Principles), making it difficult to meet the inclusion requirements for the S&P 500 index based solely on that. The upcoming accounting rules will adjust the company's Bitcoin holdings from their current undervalued state to fair market value and could bring significant net income growth when Bitcoin prices rise. However, the S&P Global Index Committee decides the S&P 500 index members by invitation, reviewing profitability, market capitalization, and other factors.

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