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

MicroStrategy's Nasdaq 100 Inclusion to Boost Stock Demand and Crypto Market Influence

user avatar

by Giorgi Kostiuk

a year ago

MicroStrategy, known for its ties to the bitcoin market, will join the Nasdaq 100 index on December 23. This event could trigger significant changes in financial markets and increase interest in the company.

ETF Impact on MicroStrategy Shares

The inclusion of MicroStrategy in the Nasdaq 100 will lead to automatic purchases of its shares by major ETFs, such as the Invesco QQQ Trust. Projections suggest this could further boost demand for the company's stocks, which have already risen by over 600% this year.

This would lead to inclusion of MSTR in some of the largest ETFs such as QQQ, leading to one-time fresh buying and ongoing participation in future inflows.Gautam Chhugani

MicroStrategy's Shift to Cryptocurrency

Since changing its strategy in 2020, MicroStrategy has been actively acquiring bitcoins, as announced by former CEO Michael Saylor. The company now holds 423,650 BTC, valued at over $90 billion. Saylor describes MicroStrategy's mission as 'securitizing Bitcoin' to bridge traditional investments with the crypto economy.

Primarily, our job is to bridge the traditional capital markets that want bonds, or they want fixed income, with the crypto economy through bitcoin.Michael Saylor

Company Growth Amid Trump's Policies

MicroStrategy's growth aligns with political changes following the election of Donald Trump. His promise to establish a national Bitcoin reserve has fueled demand for cryptocurrency, with MicroStrategy acquiring 149,880 BTC in November alone.

MicroStrategy's inclusion in the Nasdaq 100 highlights the growing impact of cryptocurrencies on traditional financial systems. The continued integration of crypto-related companies into major financial indices promotes market expansion.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Legal and Technical Challenges in Investigating AI-Generated Abuse

chest

Law enforcement agencies face significant challenges in investigating AI-generated abuse due to the anonymous nature of online platforms, complicating the identification of perpetrators and victims.

user avatarTenzin Dorje

New Jersey Lawsuit Highlights Legal Challenges of AI-Generated Nonconsensual Pornography

chest

A groundbreaking lawsuit in New Jersey reveals the legal challenges victims face against AI-generated nonconsensual pornography.

user avatarElias Mukuru

ClothOff Case Exposes Jurisdictional Complexities in AI-Generated Abuse

chest

The lawsuit against ClothOff reveals the jurisdictional challenges in prosecuting international operators of AI-generated pornography.

user avatarAisha Farooq

Need for Enhanced Operational Security in Crypto

chest

Experts emphasize the importance of investing in operational security to combat the rise of social engineering attacks in the crypto space.

user avatarBayarjavkhlan Ganbaatar

Solana and FLOKI: Diverging Market Outlooks

chest

In the current market analysis, FLOKI is showing promising signs of a potential rally, while Solana is expected to face bearish trends, with predictions of a dip to $13.15.

user avatarKenji Takahashi

NEAR Protocol Improves Usability Amidst Market Challenges

chest

NEAR Protocol has improved usability features but faces challenges with supply flexibility.

user avatarMohamed Farouk

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.