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TL;DR: March 31, 2025, is the date to look at. Why? MicroStrategy’s Q1 earnings—beneath new FASB accounting guidelines—will mirror Bitcoin’s truthful market worth as of that actual day. A powerful BTC shut may unlock a monetary chain response that reshapes institutional publicity to Bitcoin and sends the worth vertical.
Beginning Jan 1, 2025, public corporations can lastly use truthful worth accounting for Bitcoin. Earlier than this? Solely impairments (losses) may very well be reported, even when the worth rebounded later. Positive factors have been invisible until bought. Now? Corporations like MicroStrategy (MSTR) can present unrealized features each quarter. This isn’t a small change—it transforms BTC from a "bizarre accounting legal responsibility" into a visual asset on earnings statements.
Q1 2025 closes on March 31. That date locks within the value of Bitcoin for MicroStrategy’s books. If BTC is buying and selling at $92K–$95K on that day? MicroStrategy posts one in every of its greatest quarters ever. That will make 4 consecutive worthwhile quarters, qualifying it for S&P 500 inclusion. That’s the endgame.
If MicroStrategy will get added to the S&P 500: Large pressured shopping for from passive index funds and ETFs. These funds don’t care about valuation—they’ve to purchase. This pumps MSTR’s inventory value. Saylor has much more ammo to purchase extra BTC. It’s a loop:
He’s already raised $500M in convertible debt. ATM (at-the-market inventory promoting) has been slowed down. He’s not dollar-cost averaging. He’s ready. Finest guess? He pushes a large Bitcoin purchase within the remaining week of March, spiking value into quarter-end. A psychological + mechanical play: Creates bullish optics. Locks in favorable accounting. Triggers monetary dominos. Entrance-runs S&P 500 eligibility. This man isn't simply stacking sats—he’s enjoying chess 3 strikes forward.
This isn't about MicroStrategy anymore. That is about BTC turning into the de facto company reserve asset. If Saylor pulls it off: BTC will get embedded within the S&P 500 by way of MSTR. Legacy finance can’t ignore it anymore. Establishments get dragged in, whether or not they prefer it or not. The shortage narrative goes from meme to mandate. This might ship BTC previous 100K quicker than anybody expects. Avenue debut—by the aspect door. submitted by /u/zzseayzz |