10x Research Evaluates Strategy’s Odds for S&P 500 Inclusion
- 10x Research estimates a 60-70% chance of bitcoin investment firm Strategy being included in the S&P 500 index.
- Inclusion is contingent upon a favorable financial report for Q3 2025.
- Strategy anticipates reporting $3.8 billion in unrealized profits from its bitcoin investments.
- Despite qualifying for inclusion previously, Strategy’s stock has declined nearly 28% over the past six months.
- The firm’s Market-to-Net Asset Value (mNAV) ratio remains stable above one unit, indicating effective treasury management.
Current market sentiment towards Strategy remains cautious despite its potential, as evidenced by ongoing stock declines and investor losses estimated at $17 billion. The company’s performance in the upcoming Q3 report will be critical to its future prospects.
With anticipated unrealized profits of $3.8 billion, Strategy’s path to S&P inclusion could shift significantly if positive results are reported in the coming months.
