• 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

Essential Strategies for Mitigating Catastrophic Drawdowns

chest

Essential strategies for mitigating catastrophic drawdowns include dynamic asset allocation, tactical derivatives management, and strict behavioral discipline to enhance portfolio resilience.

user avatarMiguel Rodriguez

The Threat of Catastrophic Portfolio Drawdowns

chest

Catastrophic portfolio drawdowns (CDDs) pose a significant threat to long-term wealth compounding, driven by systemic risks rather than individual company issues.

user avatarRajesh Kumar

MOODENG Experiences 250% Surge on Binance Futures Due to Viral Hoax

chest

MOODENG experienced a notable 250% spike on Binance Futures due to a viral hoax regarding a hippo's death.

user avatarLuis Flores

Pudgy Penguin PENGU Price Analysis Reveals Potential for Recovery

chest

Crypto Spotter analyzes Pudgy Penguin PENGU, indicating potential for recovery as it aims to break its all-time high of 0.068.

user avatarArif Mukhtar

Bitcoin and Altcoins Show High Kimchi Premiums in South Korea

chest

Bitcoin and several altcoins are trading at notable premiums in the South Korean market as of December 8.

user avatarMaria Gutierrez

Strategy Establishes 144 Billion Reserve to Support Dividends Amid Bitcoin Market Challenges

chest

Strategy has created a 144 billion reserve fund to secure dividend payments for up to 21 months, ensuring stability during the Bitcoin market downturn.

user avatarDavid Robinson

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.