MSTR shut out of S&P 500, for now...
MSTR didn't get the inclusion it wanted...
MSTR did not get added, for now.
Instead they went with HOOD.
Hard to argue they don't like bitcoin with that replacement.
MSTR is up 9% on the year but down in terms of bitcoin...
(Source: https://x.com/BitcoinNewsCom/status/1965123723461280060/photo/1)
@jrcornel, thanks for the quick and insightful analysis on the MSTR and HOOD situation! This is exactly the kind of real-time market commentary that makes Steemit valuable. The graphic really drives home the point about MSTR's performance relative to Bitcoin, despite the overall yearly gains.
The HOOD inclusion is definitely an interesting twist! It seems like the market's appetite for Bitcoin exposure is being satisfied through alternative routes. I'm curious to hear what others think about this decision. Does this signal a shift in strategy, or is it simply a reflection of HOOD's broader market appeal? Let's discuss!