In what MicroStrategy’s Michael Saylor dubs a “major milestone,” Coinbase has just qualified for inclusion in the world’s premier equity index. To wit, just moments ago, S&P announced that Coinbase will replace Discover Financial Services in its benchmark S&P 500 index “effective prior to the opening of trading on Monday, May 19.” As the saying goes… “First they ignore you.Then they laugh at you.Then they fight you.Then they add you to the S&P 500.” …or something like that. — Coinbase 🛡️ (@coinbase) May 12, 2025 This is the first time that a crypto-focused company is joining the S&P 500 index. Of […]
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