Benchmark: MicroStrategy could be included in S & P 500 Index if new accounting rules are adopted
2024-04-25 12:52:29
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 meets the final conditions for inclusion in the S & P 500 Index. This would boost MicroStrategy's valuation, as index funds would be forced to buy the stock, the broker said.
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