#MicroStrategyJoinsNasdaq100
[16/12, 2:45 am] Meta AI: MicroStrategy, the software company that's gone all-in on Bitcoin, has just hit a major milestone by joining the Nasdaq-100 Index! This is a huge win for Bitcoin and the crypto industry as a whole ¹.
As of December 23, MicroStrategy will be part of the prestigious Nasdaq-100, alongside giants like Apple, Microsoft, and Tesla. This inclusion is a result of the company's impressive stock performance, which has seen a 500% increase in 2024, outpacing Bitcoin's 140% growth ¹.
MicroStrategy's addition to the Nasdaq-100 is expected to bring in large investment inflows from exchange-traded funds (ETFs) that track the index. The Invesco QQQ Trust, one of the largest ETFs with $325 billion in assets, will now include MicroStrategy in its portfolio ¹.
This move is seen as a significant step forward for Bitcoin's mainstream adoption, with analysts predicting increased exposure for the cryptocurrency in traditional finance ¹ ².
[16/12, 2:45 am] Meta AI: MicroStrategy, the software company that's gone all-in on Bitcoin, has just hit a major milestone by joining the Nasdaq-100 Index! This is a huge win for Bitcoin and the crypto industry as a whole ¹.
As of December 23, MicroStrategy will be part of the prestigious Nasdaq-100, alongside giants like Apple, Microsoft, and Tesla. This inclusion is a result of the company's impressive stock performance, which has seen a 500% increase in 2024, outpacing Bitcoin's 140% growth ¹.
MicroStrategy's addition to the Nasdaq-100 is expected to bring in large investment inflows from exchange-traded funds (ETFs) that track the index. The Invesco QQQ Trust, one of the largest ETFs with $325 billion in assets, will now include MicroStrategy in its portfolio ¹.
This move is seen as a significant step forward for Bitcoin's mainstream adoption, with analysts predicting increased exposure for the cryptocurrency in traditional finance ¹ ².