MicroStrategy, famed for its Bitcoin investments, will join the Nasdaq-100 index on December 23.

Business intelligence firm MicroStrategy, known for its significant Bitcoin investments, will join the Nasdaq-100 index starting December 23. The company's stock has surged over 500% this year due to its substantial Bitcoin holdings, now totaling about 423,650 bitcoins. This addition to the index is expected to increase demand for MicroStrategy's stock, potentially leading to its inclusion in large ETFs like QQQ.

3 months ago
23 Articles

Further Reading