‘Digital Capitalist’ Shares Exciting Bitcoin Investment Advice for Q2 Investors

Jeff Walton, a podcaster focused on Bitcoin and an investor in Strategy, recently highlighted that Strategy is poised to potentially enter the S&P 500 Index.

Strategy’s Possible Entry into the S&P 500

In a post on social media, Walton mentioned:

The S&P 500 serves as a benchmark for the U.S. stock market, comprising the largest 500 companies by market capitalization. If Strategy is included in this index, it could lead to a significant rise in its stock prices.

This week saw a similar situation where Coinbase, the largest cryptocurrency exchange in the U.S., was designated for inclusion in the S&P 500, thanks to a market cap surpassing $67 billion.

Did Michael Saylor Influence the Company’s Move Towards Coinbase?

Coinbase’s entry into the broad stock benchmark is a result of Capital One Financial’s acquisition of Discover Financial Services, which will remove Discover from the exchanges. Following this news, COIN shares surged from below $200 to $266, concluding the week with a notable upswing.

This represented a 33% gain for investors like Cathie Wood from Ark Invest, who remains optimistic about crypto assets and Coinbase. COIN ranks as the third-largest holding in the ARKK ETF.

According to Walton, if Strategy gains entry into the index, it could see parallel gains similar to those observed with Coinbase in August.

The company, backed by its Bitcoin assets, offers returns on BTC investments through fixed-return corporate bonds, which can be converted into Strategy shares.

Michael Saylor, the founder and MIT alumnus, devised this strategy effectively, achieving outstanding results. In April, MSTR’s one-year return outperformed Jim Cramer’s “Magnificent Seven” for market performance.

In a recent update, Saylor revealed that MSTR is achieving the “financial triple crown” due to its approach centered around Bitcoin.

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