[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Germ [@GermCrypto](/creator/twitter/GermCrypto) on x XXX followers Created: 2025-07-19 19:28:20 UTC Honestly, I don't think they're positing at all. I've been saying for months that I don't see the S&P including MSTR because almost their entire EPS is derived from unrealized gains. That was hyped up by X influencers which clearly didn't understand the difference between actual revenue from operations and unrealized gains from an investment. The S&P is a collection of operating companies, not a Bitcoin "funds" with a dying software business. XX engagements  **Related Topics** [investment](/topic/investment) [influencers](/topic/influencers) [unrealized gains](/topic/unrealized-gains) [mstr](/topic/mstr) [rating agency](/topic/rating-agency) [Post Link](https://x.com/GermCrypto/status/1946653352441332024)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Germ @GermCrypto on x XXX followers
Created: 2025-07-19 19:28:20 UTC
Honestly, I don't think they're positing at all. I've been saying for months that I don't see the S&P including MSTR because almost their entire EPS is derived from unrealized gains. That was hyped up by X influencers which clearly didn't understand the difference between actual revenue from operations and unrealized gains from an investment. The S&P is a collection of operating companies, not a Bitcoin "funds" with a dying software business.
XX engagements
Related Topics investment influencers unrealized gains mstr rating agency