Last week, MicroStrategy’s ($MSTR) premium skyrocketed to a historic high of 161%, fueled by growing market excitement.
The surge in interest comes as the company prepares to adopt the new ASC 350 accounting standard by 2025, allowing them to report Bitcoin holdings at fair value.
This change could add approximately $3 billion to MicroStrategy’s retained earnings, potentially paving the way for the firm’s inclusion in the S&P 500. Such a move would not only increase the company’s market appeal but also enhance liquidity.