MicroStrategy Could Merit S&P 500 Inclusion If It Adopts New Accounting Rules:...

MicroStrategy Could Merit S&P 500 Inclusion If It Adopts New Accounting Rules: Benchmark

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Source: Coindesk.com

MicroStrategy could boost earnings by over $3 billion if it chooses to adopt new standards, the report said. Benchmark said if the company reports positive earnings it meets the final condition for S&P 500 inclusion. This would boost MicroStrategy’s valuation as index funds would be forced to buy the stock, the broker said.

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The post "MicroStrategy Could Merit S&P 500 Inclusion If It Adopts New Accounting Rules: Benchmark" appeared first here Coindesk.com.

Source: Coindesk.com

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