Michael Saylor Responds to Strategy’s S&P 500 Exclusion

Michael Saylor, Executive Chairman of Strategy, highlighted their strong performance after Strategy Inc. was denied inclusion in the S&P 500 on September 6, 2025, showing a 92% annualized return.

Strategy’s exclusion raises questions about Bitcoin-focused treasury strategies outperforming traditional indices, sparking debate among investors and driving immediate market interest.

Strategy Inc.’s Reaction

Strategy Inc., led by Michael Saylor, was recently excluded from the S&P 500. Saylor publicly responded, highlighting the company’s robust annualized returns, significantly outperforming both Bitcoin and the S&P 500.

Saylor, known for his Bitcoin advocacy, emphasized the firm’s dedication to its Bitcoin-focused treasury management. Strategy remains committed to this approach, despite the exclusion’s short-term stock impact. As Saylor remarked, “Strategy’s return was listed at 92%, far higher than Bitcoin’s 55% and the S&P 500’s 14%.”

Market Impact and Financial Implications

The exclusion resulted in a 2% immediate drop in Strategy’s stock, indicating a short-term negative market reaction. This event spotlights the challenges faced by firms heavily invested in Bitcoin strategies.

There are financial implications due to reduced investor confidence post-exclusion. However, Strategy’s 92% annualized return underlines Bitcoin’s potential in corporate treasury strategies, according to Saylor.

Broader Industry Trends

The events reflect broader industry trends of incorporating Bitcoin into corporate treasuries. This is seen against earlier successful Bitcoin integration, yet remains contentious among traditional investors.

Saylor’s approach may influence future treasury models, emphasizing Bitcoin’s dominance. Historical data supports Strategy’s gains in the Bitcoin era, posing questions about legacy financial benchmarks’ resilience in comparison.