MSTR SP 500 Inclusion Claim: 400 Days Qualified, But Filings Say No

MSTR SP 500 Inclusion: Why Strategy Is Still Out After 400 Days

As of September 30, 2026, MSTR S&;P 500 inclusion has not happened, even though a viral post says Michael Saylor's company has met the benchmark's test for over 400 days. 

Commentator Pete Rizzo made the claim on X and predicted trillions in passive inflows into bitcoin. Official filings differ: Strategy reported a $8.22 billion net loss in its second-quarter results. 

This crypto news today checks the claim against primary sources.

Pete Rizzo also covered this claim in his tweet on X, which repeats the 400-day claim.

What Did the Tweet Claim About Strategy?

The post made three points:

• Strategy has qualified for the for more than 400 days

• Trillions in passive money will move into bitcoin

• Michael Saylor SP 500 inclusion is inevitable

What Are the MSTR SP 500 Eligibility Requirements?

The index methodology requires positive as-reported earnings over the latest quarter and over the latest four quarters combined. 

That means positive GAAP net income and positive trailing twelve months earnings. Strategy's filings show this:

The Form 10-Q filing blames unrealized bitcoin losses. The fourth-quarter 2025 results showed a $12.4 billion loss. 

With the $20.76 billion first-half 2026 loss, that totals about $33.16 billion, so the latest-quarter test fails and the four-quarter test looks unmet.

Why Is MSTR Not in SP 500 Right Now?

S&P Dow Jones Indices named Bloom Energy, Illumina and Everpure as additions in its September 4 rebalance announcement, effective September 21, 2026. Strategy was not listed.

Meeting a numeric rule also does not guarantee entry. The SP 500 index committee decides which companies join.

Is MicroStrategy in the S&P 500 Today?

No. Inc (MicroStrategy) is not an index member as of September 30, 2026. 

The index provider's September 4 announcement added Bloom Energy, Illumina and Everpure instead, and Strategy's latest quarterly GAAP net income was negative, which fails a core eligibility test.

Strategy MSTR bitcoin holdings stood near 846,000 BTC on June 30, 2026, with a cost basis of $63.94 billion against a fair value of $49.67 billion, the filing shows, for the bitcoin treasury company.

Will MSTR Join S&P 500 and When Is the Next S&P 500 Rebalance?

Any MSTR SP 500 inclusion date remains unannounced. The next quarterly rebalance falls in December 2026, and the index provider has not signaled a decision.

How much money will flow into MSTR if added to S&P 500? No official estimate exists, and no filing supports the trillions claim. 

MSTR passive fund inflows would only follow a formal addition, when passive index funds and index fund inflows tracking the benchmark begin buying.

Expert View: What Could Come Next for Strategy?

Market analysts would likely call the claim a timing mismatch. may have cleared the earnings test after its 2025 profit, but bitcoin's decline reversed that.

A return to profit could restart the debate, though any MSTR SP 500 inclusion would still rest on committee judgment, and any S&P 500 index inclusion is separate from Nasdaq-100 membership, which follows different rules.

For readers scanning Strategy S&P 500 inclusion news today, MSTR stock news and the MSTR stock price today are better checked on Nasdaq than on social posts. Anyone following crypto news should treat unfiled hype cautiously.

Disclaimer: This article is for information only and is not investment advice. MSTR SP 500 inclusion is uncertain, and prices can fall sharply. Verify data with primary sources.