Michael Saylor strategy (Mstr) I lost to be added to the S&P 500 index on Friday, despite the hopes of inclusion after the company registered one of the strongest quarters in its history and fulfilled all the criteria to join the index.
The largest corporate bitcoin actions The holder decreased almost 3% after market schedule, erasing all Friday profits. Inclusion would have been a significant milestone for the company and for the industry, since it would have exposed millions of average investors and portfolio managers to the company, potentially acting as a bullish catalyst.
In a surprise movement on Friday, the Robinhood digital trade platform (HOOD)With the growth of cryptographic ambitions, it was included in the S&P 500 index, which promoted the stock by 7% higher after the closure of the market. The changes will enter into force on September 22.
Before Friday, only two actions related to cryptography were part of the index: Crypto Exchange Coinbase (COIN) And the Jack DORSEY block (Xyz). Robinhood will now be added to this coveted list.
Read more: the strategy qualifies for S&P 500, the inclusion decision could come on Friday
