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About wIOTA

wIOTA (wIOTA) is a cryptocurrency launched in 2017. wIOTA has a current supply of 3.63Bn with 3.63Bn in circulation. The last known price of wIOTA is 0.2349 USD and is -0.013500000003 over the last 24 hours. It is currently trading on active market(s) with $118.28 traded over the last 24 hours. More information can be found at .
wIOTA Price Statistics
wIOTA’s Price Today
24h Price Change
-$0.0135000000035.43%
24h Volume
$118.2879.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
0.000000138665
Market Dominance
0.00%
Market Rank
#116
wIOTA Market Cap
Market Cap
$853.02M
Fully Diluted Market Cap
$853.02M
wIOTA Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
wIOTA Supply
Circulating Supply
3.63Bn
Total Supply
3.63Bn
Max Supply
0
Updated Feb 16, 2025 2:57 am
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wIOTA
wIOTA
$0.2349
$0.013500000003(-5.43%)
Mkt Cap $853.02M
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 wIOTA (wIOTA)?

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

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  • How much wIOTA (wIOTA) is there in circulation?

    As of , there is currently 3.63Bn wIOTA in circulation. wIOTA has a maximum supply of 0.

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  • What is the market cap of wIOTA (wIOTA)?

    The current market cap of wIOTA is 853.02M. It is calculated by multiplying the current supply of wIOTA by its real-time market price of 0.2349.

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  • What is the all-time low price of wIOTA (wIOTA)?

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

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  • Is wIOTA (wIOTA) a good investment?

    wIOTA (wIOTA) has a market capitalization of $853.02M and is ranked #116 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 wIOTA (wIOTA) price trends and patterns to find the best time to purchase wIOTA.

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