• 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

QNT Price Fails to Break Above Key Resistance Level

chest

Quant's price struggles to break above the descending trendline and Fibonacci resistance, leading to increased selling pressure.

user avatarDiego Alvarez

Valuation Models Suggest Ethereum's True Value Could Exceed $9,000

chest

A detailed analysis of various valuation models suggests that Ethereum's true value could be significantly higher than its current market price.

user avatarSon Min-ho

PEPENODE Gains Attention but Lacks Long-Term Viability

chest

PEPENODE has garnered social media hype but lacks the regulatory strength and utility of BlockchainFX.

user avatarMaria Fernandez

Arthur Hayes Predicts Ethereum's Dominance as Other Blockchains Head to Zero

chest

Arthur Hayes predicts that only Ethereum and Solana will survive among Layer1 blockchains as institutional adoption grows, while most others are destined to fail.

user avatarKenji Takahashi

Kaspa's Approach to Sustainable Growth

chest

Kaspa focuses on throughput and real utility, contrasting with the unsustainable growth of meme tokens. Stoural explains that while meme tokens may experience rapid price increases, they often lack the foundation for long-term success. Kaspa's commitment to sustainable growth and real-world application positions it as a viable option for users seeking stability in the crypto market.

user avatarGustavo Mendoza

Kaspa's Unique Consensus Design and Future Potential

chest

Kaspa introduces DAGKnight, a consensus design that allows the network to adapt to real-world internet speeds, enhancing its scalability.

user avatarRajesh Kumar

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.