Benchmark: MicroStrategy could be included in the S&P 500 if it adopts new accounting rules

2024-04-25 21:23:00 Views

Golden Finance reported that Benchmark reported that if MicroStrategy chooses to adopt the new accounting standards, its earnings could increase by more than $3 billion. If the company reports positive earnings, it will meet the final conditions for inclusion in the S&P 500 index. The broker said this would increase MicroStrategy's valuation because index funds would be forced to buy the stock.

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Title:Benchmark: MicroStrategy could be included in the S&P 500 if it adopts new accounting rules - Flash
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