Rich Lassiter, MD 🟠 ₿itcoin Profile picture
₿itcoiner - Emergency Physician - crypto since 2017, ₿itcoin since the 2022 fraud - Reply Guy Extraordinaire😉
Sep 6 8 tweets 2 min read
$MSTR not being included into the S&P 500 is a hot topic right now. Despite qualifying for inclusion, the company was not added to the list. This is because the list is not defined only by strict criteria, but by a committee of unknown members. 👀👀
🧵 🚨 Curious about what it takes to join the S&P 500? Here’s the rundown:

• 🇺🇸 U.S.-based company, listed on NYSE/NASDAQ
• 💰 Min. $18B market cap
•📈 Positive earnings (last quarter + past 4 quarters)
•💧 High liquidity (annual trading value ≥ float-adjusted cap)
•📊 50%+ public float
•🏭 Balanced sector representation
•🏢 No limited partnerships or trusts (REITs okay!)