Aside from no official announcement of new BTC purchases yesterday, S&P Dow Jones Indices, the issuer of the S&P 500 index, has decided to include SanDisk, a company selling flash memory cards with a market cap of $34 billion, in the November index adjustments. Once again, MicroStrategy, with a $57.3 billion market cap and heavily invested in Bitcoin, has been excluded from the S&P 500 index. This marks their second attempt to be included, but they were rejected. Although S&P has not directly explained the reason, it’s expected to align with MSCI’s perspective—that MicroStrategy, operating with a business model focused on hoarding a single token, may not qualify as an investment fund.