MicroStrategy will be added to the Nasdaq-100 index on December 23 after a sharp rise in its shares, driven by Bitcoin investments. The company, which owns the largest corporate stockpile of cryptocurrency, has seen its value increase more than sixfold, reaching nearly $94 billion. It is expected that the inclusion in the Nasdaq-100 will pave the way for inclusion in the S&P 500 in 2025. As of December 8, the company held 423,650 bitcoins, worth approximately $42.43 billion.
12/14/2024 12:44:46 PM (GMT+1)
MicroStrategy will enter the Nasdaq-100 on December 23: stock value increased 6 times due to Bitcoin investments worth $42.43 billion, paving the way to S&P 500 🚀
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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