• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

MicroStrategy Joins Nasdaq 100 with Stock Growth

user avatar

by Giorgi Kostiuk

2 years ago

MicroStrategy, known for its investments in Bitcoin, has been added to the prestigious Nasdaq 100 index. This follows a rapid increase in the company's stock value.

MicroStrategy and Nasdaq 100

MicroStrategy will join the Nasdaq 100 index on December 23. The decision was made after Friday's market close, with expectations building around the company's impressive financial performance.

Stock and Crypto Price Growth

As of December 1, MicroStrategy's market capitalization reached almost $98 billion, having doubled since the start of the year. The company's stock price growth is closely linked to the surge in cryptocurrencies, particularly Bitcoin, which has also seen significant gains recently.

Microsoft and the Crypto Future

While MicroStrategy aligns its future with Bitcoin, Microsoft shareholders have rejected the proposal to include cryptocurrency in its financial reporting. However, MicroStrategy CEO Michael Saylor highlighted that Microsoft could significantly increase its market value by investing in Bitcoin.

Joining Nasdaq 100 is a significant step for MicroStrategy, underscoring the growing role of cryptocurrencies in global financial systems. Meanwhile, companies continue to explore the potential of crypto investments closely.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Uniswap Proposes Protocol Fee Activation Across Multiple Deployments

chest

Hayden Adams, the founder of Uniswap, has proposed activating protocol fees across Uniswap v4 and other network deployments, reigniting a key governance debate in DeFi.

user avatarMaya Lundqvist

SEC Increases Position Limits for Bitcoin ETF Options

chest

The SEC has approved a significant rule change for options on BlackRock's iShares Bitcoin Trust, raising the position and exercise limits from 250,000 contracts to 1,000,000 contracts.

user avatarLeo van der Veen

BNB Chain Reaches $52 Billion in Tokenized Real-World Assets

chest

BNB Chain has reached approximately $52 billion in tokenized real-world assets, marking significant growth in the sector.

user avatarLi Weicheng

Sui Introduces Gas-Free Transfers for Stablecoins

chest

Sui has launched a new feature that allows users to transfer stablecoins without the need to hold the network's native token for transaction fees.

user avatarAisha Farooq

Pumpfun Transfers 81,712 SOL to Kraken, Impacting Solana Market

chest

Pumpfun has transferred a significant amount of SOL to Kraken, raising concerns about selling pressure in the Solana market amidst declining memecoin trading activity.

user avatarTenzin Dorje

Bitcoin ETF Inflows Surge Amid Improved Macro Sentiment

chest

Bitcoin ETFs recorded significant net inflows of $1.323 million on July 17, indicating renewed demand for Bitcoin through regulated investment products.

user avatarBayarjavkhlan Ganbaatar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.