According to @QCompounding, analysis from 10x Research, led by Markus Thielen, indicates that Coinbase (COIN) shares are rapidly approaching an overvaluation threshold, creating a potential trading opportunity. The research highlights a fundamental disconnect, as COIN's 84% surge in the last two months has significantly outpaced Bitcoin's (BTC) 14% rise and underlying crypto trading volumes. Thielen suggests a pair trade of shorting COIN while going long BTC to capitalize on this dislocation, noting the stock's valuation appears extended and vulnerable to mean reversion. Separately, the report notes that MicroStrategy's (MSTR) perpetual preferred shares are rallying, potentially due to traders front-running the company's anticipated inclusion in the S&P 500 index. This speculation is fueled by Bitcoin's record monthly close, which, according to analyst Jeff Walton, boosts MSTR's earnings to a level that qualifies it for the U.S. equity benchmark.

According to @QCompounding, analysis from 10x Research indicates that Coinbase (COIN) shares are rapidly approaching an overvaluation threshold, creating a potential trading opportunity. 10x Research notes a significant disconnect between COIN's 84% price surge over two months and its underlying fundamentals, as Bitcoin (BTC) only rose 14% and crypto trading volumes remain modest. Their linear regression model suggests COIN's valuation is extended and vulnerable to mean reversion. Consequently, 10x Research recommends a pair trade: going long on Bitcoin while shorting Coinbase stock. Separately, the report highlights that MicroStrategy's (MSTR) perpetual preferred shares are rallying, potentially in anticipation of the company's inclusion in the S&P 500 index. This speculation is fueled by Bitcoin's high price boosting MSTR's quarterly earnings, which could satisfy the final criteria for index inclusion. The preferred shares have delivered significant returns, such as STRK's 42% gain since February, outperforming both Bitcoin and the S&P 500, while also offering attractive yields starting from 6.6%.

According to @QCompounding, MicroStrategy's (MSTR) perpetual preferred shares are rallying on speculation the company may be added to the S&P 500 index. The potential inclusion follows Bitcoin's (BTC) record-high monthly close, which, according to analyst Jeff Walton, boosted MSTR's quarterly earnings per share to approximately $39.50, satisfying a key requirement for index eligibility. The source notes that while the official announcement is not expected until September, MSTR stock rose 5% and its perpetual preferred shares saw significant gains, with STRK climbing 15%. This market activity is seen as potential front-running of the inclusion news. Concurrently, Bitcoin is trading near $109,000, just under its all-time high, supported by strong macroeconomic tailwinds. These factors include record highs in U.S. equity markets, a record $21.9 trillion M2 money supply, and rising government debt concerns highlighted by Ray Dalio, which collectively drive capital into riskier assets like BTC.

According to @saylor, MicroStrategy's (MSTR) perpetual preferred stocks appear to be rallying in anticipation of the company's inclusion in the S&P 500 index. This speculation is driven by Bitcoin's (BTC) record monthly close at $107,750, a price which, according to analyst Jeff Walton, boosts MSTR's earnings per share to approximately $39.50, meeting the final profitability requirement for S&P 500 eligibility. The market reaction saw MSTR stock rise 5% to over $400, while its preferred shares surged, with STRK climbing 15% and STRF adding 7.5%. These movements suggest traders may be front-running the official announcement expected in September, while the high yields on the preferred shares, like STRF's 8.8%, also offer a compelling investment case.

According to @StockMKTNewz, MicroStrategy's (MSTR) stock and its perpetual preferred shares are rallying on speculation of the company's potential inclusion in the S&P 500 index. This follows Bitcoin's (BTC) record monthly close, which analyst Jeff Walton calculates boosted MSTR's quarterly earnings to a qualifying level. On Monday, MSTR stock rose 5% above $400, while its perpetual preferred shares saw significant gains, with STRK climbing 15% and STRF adding 7.5%. These preferred shares also offer attractive yields, such as STRK's 6.6% and STRF's 8.8%, potentially drawing investor interest. Separately, Coinbase (COIN) shares surged 43% in June, becoming the top performer in the S&P 500 for the month. This rise is attributed to a growing focus on stablecoin revenue, bolstered by legislative progress on the GENIUS Act for stablecoins. This positive outlook has shifted investor attention from Coinbase's subdued trading volumes to its potential earnings from holding USDC reserves, as noted by CNBC.

According to @QCompounding, research firm 10x Research, led by Markus Thielen, recommends a pairs trade of shorting Coinbase (COIN) stock while going long on Bitcoin (BTC). The firm's analysis indicates COIN shares are approaching overvaluation, having surged 84% in two months compared to BTC's 14% rise, creating a significant disconnect from fundamentals like trading volume. Thielen noted that a linear regression model shows 75% of COIN's price is explained by BTC's price and trading volumes, suggesting the stock's current premium is stretched and vulnerable to mean reversion. The report also highlights that MicroStrategy's (MSTR) perpetual preferred shares are rallying, potentially as investors front-run the company's anticipated inclusion in the S&P 500 index. According to analyst Jeff Walton, Bitcoin's record monthly close boosts MSTR's earnings per share to a level that qualifies it for the benchmark. The advance in preferred shares like STRK, which has returned 42% since its February launch, is also attributed to their attractive high yields, which currently surpass the Federal Reserve's target rate.

According to @QCompounding, MicroStrategy (MSTR) has launched its third bitcoin-backed preferred stock, STRD, on the Nasdaq, offering a high 10% annual dividend. The company intends to use the net proceeds of approximately $979.7 million to fund general corporate purposes and acquire more Bitcoin (BTC). This move comes as speculation grows that MSTR's perpetual preferred shares are front-running a potential inclusion in the S&P 500 index. The source suggests this speculation is driven by Bitcoin's record-high monthly close at $107,750, which, according to analyst Jeff Walton, could boost MSTR's earnings per share to a level that satisfies the final requirement for S&P 500 eligibility. In response, MSTR common stock rose 5%, while its preferred shares saw significant gains, with STRK climbing 15% and STRF adding 7.5%, highlighting strong investor interest in these high-yield instruments as a proxy for both Bitcoin exposure and potential index inclusion.

According to Evan (@StockMKTNewz), the top 10 largest US stocks not currently included in the S&P 500 index are Applovin (APP), MicroStrategy (MSTR), CoreWeave (CRWV), Brookfield Asset Management (BAM), Southern Copper (SCCO), Snowflake (SNOW), Robinhood (HOOD), Roblox (RBLX), Carvana (CVNA), and Enterprise Products (EPD). Notably, MicroStrategy (MSTR) is heavily involved in Bitcoin (BTC) holdings, and Robinhood (HOOD) is a major crypto trading platform. Their potential future inclusion in the S&P 500 could increase institutional exposure to crypto-related stocks, potentially boosting sentiment and trading volumes in the broader cryptocurrency market. Traders should monitor these stocks for potential index inclusion events, which historically drive price volatility and impact correlated crypto assets. Source: Evan (@StockMKTNewz) on Twitter, June 21, 2025.