• 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

Grassroots Movement Among Bitcoin Plebs Emphasizes Decentralization

chest

The grassroots movement among Bitcoin plebs emphasizes community engagement and decentralization.

user avatarKenji Takahashi

Bitcoin Community Rings in the New Year with Pleb Ideology

chest

Bitcoin enthusiasts, commonly referred to as plebs, are celebrating the New Year by exchanging greetings and participating in casual community meetups around the world.

user avatarMaria Fernandez

Future Implications of Bitcoin Community Movement on Mining Participation

chest

The ongoing community movement among Bitcoin plebs carries potential implications for future participation and engagement in mining.

user avatarGustavo Mendoza

Pakistan Explores Tokenization of Real-World Assets

chest

Pakistan is investigating the tokenization of its stock market infrastructure to attract foreign capital and enhance liquidity.

user avatarLuis Flores

Pakistan's Regulatory Reforms Position It as a Crypto Contender

chest

Pakistan is making significant strides in the digital asset space, with regulatory reforms and the establishment of a Virtual Asset Regulator.

user avatarAndrew Smith

Pakistan Integrates Crypto into Economic Planning

chest

The government of Pakistan is integrating cryptocurrency into its economic planning by utilizing surplus electricity for Bitcoin mining and AI data centers to attract foreign investment.

user avatarMiguel Rodriguez

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.