{"id":80480,"date":"2025-09-11T17:11:39","date_gmt":"2025-09-11T14:11:39","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=80480"},"modified":"2025-09-11T17:15:15","modified_gmt":"2025-09-11T14:15:15","slug":"jpmorgan-calls-sp-500s-rejection-of-strategy-a-blow-to-crypto-treasuries","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/jpmorgan-calls-sp-500s-rejection-of-strategy-a-blow-to-crypto-treasuries\/","title":{"rendered":"JPMorgan Calls S&P 500’s Rejection of Strategy a “Blow to Crypto Treasuries”"},"content":{"rendered":"

The S&P 500 committee’s decision to deny Strategy’s inclusion in the index “dealt a significant blow to the entire corporate crypto treasury industry,” according to JPMorgan analysts, as reported by The Block<\/a>. <\/p>\n

They noted that this move signals a cautious approach towards companies that have adopted a cryptocurrency accumulation strategy. <\/p>\n

Strategy meets all S&P 500 requirements: U.S. listing, market capitalization above $8.2 billion, daily trading volumes exceeding 250,000 shares, and positive earnings for the last quarter and the previous 12 months. Nevertheless, on September 5, the “secret” committee rejected<\/a> the company’s application without specifying reasons. <\/p>\n

Bloomberg analyst Eric Balchunas suggested several reasons might have influenced the rejection, including Strategy’s high price volatility and risks to its business model due to heavy reliance on Bitcoin. <\/p>\n

\n

Why wasn’t $MSTR<\/a> allowed into the S&P 500 Index despite meeting all the criteria? Because the ‘Committee’ said no. You have to realize SPX is essentially an active fund run by a secret committee. We intv’d the dude who used to run this committee on Trillions. Check it out. pic.twitter.com\/w334JrX9VO<\/a><\/p>\n

\u2014 Eric Balchunas (@EricBalchunas) September 5, 2025<\/a><\/p><\/blockquote>\n