Disclosure: The author of this story owns shares in Strategy (MSTR).As the crypto market’s correction kicks off, days after traditional financial markets started reacting to President Donald Trump’s tariffs, bitcoin (BTC) slumped to its lowest level …

Is Strategy (MSTR) in trouble? Led by Executive Chairman Michael Saylor, the firm formerly known as MicroStrategy has vacuumed up 506,137 bitcoin (BTC), currently worth roughly $44 billion at BTC’s current price near $87,000, in the span of about …

The stock has rebounded approxiamately 30% from the Feb. 28 lows.

The Michael Saylor-led company holds just shy of half a million BTC tokens.

Bitcoin’s stumble begs the question asked during the last bear market: Is there a point at which Michael Saylor would be forced to liquidate part of the company’s near-500,000 BTC stack?

The last hurdle for MSTR to qualify for the S&P 500 is to achieve positive GAAP net income over the trailing 12 months.

The stock could be eligible for S&P 500 index inclusion evvel it adopts updated FASB accounting standards, the report said.

Multiple public companies have announced a bitcoin strategy, but there has been no acquisition yet.

Pythagoras Alpha Long Biased Strategy combines a base position in BTC with two uncorrelated strategies to outperform buy and hold play.