Blocked – Bitcoin’s Back Door Slammed Shut

Blocked

Last week, the S&P500 inclusion committee rejected MicroStrategy despite it meeting technical criteria — signaling concern over adding firms that function as bitcoin funds. This is a setback not only for MicroStrategy but also for other corporate crypto treasuries trying to copy its model. The decision suggests bitcoin’s “back door” entry into portfolios via equity indices may be reaching its limits, and raises the risk that other index providers could reconsider their own inclusions.