Log in/ Sign up

About PMX

Primex Finance (PMX) is a cryptocurrency launched in 2022. PMX has a current supply of 1.00Bn with 0 in circulation. The last known price of PMX is 0.013059735658 USD and is -0.0030922545 over the last 24 hours. It is currently trading on active market(s) with $94,123.84 traded over the last 24 hours. More information can be found at .
PMX Price Statistics
PMX’s Price Today
24h Price Change
-$0.003092254519.14%
24h Volume
$94,123.8448.82%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#3442
PMX Market Cap
Market Cap
$0
Fully Diluted Market Cap
$13.06M
PMX Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
PMX Supply
Circulating Supply
0
Total Supply
1.00Bn
Max Supply
1.00Bn
Updated Feb 16, 2025 2:48 am
image
PMX
Primex Finance
$0.013059735658
$0.0030922545(-19.14%)
Mkt Cap $0
There's nothing here for now
Strategy Eyes S&P 500 Inclusion Amid Bitcoin Valuation Changes
Strategy Eyes S&P 500 Inclusion Amid Bitcoin Valuation Changes
According to CoinDesk, Strategy (MSTR) is on the verge of potentially joining the S&P 500 index by June 20, 2025. The company currently meets all but one of the eligibility criteria: achieving a positive GAAP net income over the trailing 12 months. To qualify, Strategy's earnings for the first quarter of 2025 must be sufficient to counterbalance the losses from the previous three quarters. This goal is now more attainable due to the mandatory adoption of the Financial Accounting Standards Board (FASB) digital asset accounting rule. The FASB rule change mandates that companies recognize bitcoin (BTC) holdings at fair value, allowing price gains to impact the bottom line directly, as would price declines. Previously, companies had to account for digital assets at their lowest value. For instance, in the fourth quarter of 2024, Strategy valued its bitcoin at less than $16,000 per token, resulting in a $1 billion impairment loss, despite bitcoin closing the year at approximately $94,000. An analysis by Richard Hass suggests that if Strategy's bitcoin holdings remain unchanged until March 31, 2025, bitcoin must close the first quarter above $96,337 for the company to meet the positive trailing 12-month earnings requirement. Hass noted that based on Strategy's fourth-quarter 2024 earnings of -$671 million, the company needs $1.113 billion in earnings for the first quarter of 2025 to achieve positive earnings over the prior four quarters, thus becoming eligible for S&P 500 inclusion. With Strategy's current treasury of 478,740 BTC, the required bitcoin price on March 31 is $96,337. Benchmark analyst Mark Palmer commented that Strategy's adoption of the amended FASB guidance bolsters its case for S&P 500 inclusion. He highlighted that given Strategy's outperformance compared to every current index constituent over the past four years, its exclusion would be unexpected. Palmer further emphasized that while joining the Nasdaq-100 was significant, inclusion in the S&P 500 is considered the "holy grail." Such inclusion would validate Strategy's Bitcoin strategy, as all S&P 500 index funds would hold Strategy shares, indirectly exposing investors to Bitcoin. CoinDesk has reached out for updated analysis following Strategy's latest bitcoin acquisition.
Feb 16, 2025 2:03 am

Frequently Asked Questions

  • What is the all-time high price of Primex Finance (PMX)?

    The all-time high of PMX was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Primex Finance (PMX) is 0. The current price of PMX is down 0% from its all-time high.

    Read More
  • How much Primex Finance (PMX) is there in circulation?

    As of , there is currently 0 PMX in circulation. PMX has a maximum supply of 1.00Bn.

    Read More
  • What is the market cap of Primex Finance (PMX)?

    The current market cap of PMX is 0. It is calculated by multiplying the current supply of PMX by its real-time market price of 0.013059735658.

    Read More
  • What is the all-time low price of Primex Finance (PMX)?

    The all-time low of PMX was 0 , from which the coin is now up 0%. The all-time low price of Primex Finance (PMX) is 0. The current price of PMX is up 0% from its all-time low.

    Read More
  • Is Primex Finance (PMX) a good investment?

    Primex Finance (PMX) has a market capitalization of $0 and is ranked #3442 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Primex Finance (PMX) price trends and patterns to find the best time to purchase PMX.

    Read More