The S&P 500’s refusal to include the company previously called MicroStrategy raises questions about the sustainability of the business model of corporate treasury investments in cryptocurrency.

Bitcoin prices have surged more than 30% since Election Day. MicroStrategy MSTR-1.36%decrease; red down pointing triangle has climbed even faster. The software company turned itself into a bitcoin ...

MicroStrategy’s (MSTR) market value is almost two and half times that of the company’s Bitcoins, adjusted for $7B of debt and a software business that could be worth about $1B, Andrew Bary writes in ...

Michael Saylor and his company MicroStrategy MSTR7.71%increase; green up pointing triangle are making a massive bet on bitcoin. Their biggest backers include an unlikely group of insurance companies, ...