“First they ignore you, then laugh at you, then fight you, then add you to the S&P 500”

This is not an investment advice. The author has no position in any of the mentioned shares. WcCftech.com The policy of detection and ethics.

In what Michael Silor describes from Microstrategy “Main teacher,“Coinbase has just qualified to integrate it into the world’s main stock index.

To the ritual, just moments ago, s & p Declare This Coinbase will replace the Discover Financial Services in the standard S&P 500 “Standard” before opening the trading on Monday, May 19“

As the proverb says …

First they ignore you.
Then they laugh at you.
Then they fight you.
Then they add you to the S&P 500. “

… or something like that.

Coinbase 🛡 (Coinbase) May 12, 2025

This is the first time that a company that focuses on encryption joined the S&P 500 index. Of course, Coinbase has chosen a mark on this distinctive moment through the Xky X post that also acts as a bosom of a kind. After all, it was not long before that Competition Besides Ripple against the SEC’s “implementation” approach under the BIDEN administration.

Q2 is likely to be the big quarter of profits $ Mstr

The quarter ends on 6/30 (52 days from now)

The profit call call will be on August 5, August 6

Technical qualifiers $ Mstr For S & P500

The market will interact surprisingly and confused …

Jeff Walton (Punctionf) May 9, 2025

Of course, the Insert Coinbase in the S& P 500 index is now paving the way to incite Microstrategy as well. As of May 01, Microstrategy has reported $ 5.8 billion in public gains to Bitcoin’s possessions. The company is currently carrying 568,840 BTC At average price of $ 69,287.

While the Coinbase in the S&P 500 is an important development, it is Microstrategy that currently moving the needle on the price of bitcoin, and in this way, the inclusion of the potential share in the coming weeks is likely to stimulate a fierce gathering in the world’s prominent cryptocurrency.

As an explanation, keep in mind the fact that Bitcoin miners currently produce 450 BTC daily while Microstrategy removes 2087 BTC Daily of active blood circulation. On this Bitcoin model to the origin of contraction, based on the current annual inflation rate of 2.33 percent.

It is not surprising that Coinbase increased by approximately 10 percent in the post -day trading session. The stock decreased by 20 percent, so far this year.