Michael Saylor: Accounting rules coming into effect next year may enable MicroStrategy to meet S&P 500 profit requirements

Foresight News reports, according to Barrons, MicroStrategy Chairman Michael Saylor recently did not explicitly state whether the company could be included in the S&P 500, but he mentioned that, given the optimistic outlook 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 coming into effect in 2025 may enable MicroStrategy to meet the profit requirements for joining the S&P 500.