CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
The Coin Rise 2024-12-11 22:30:27

Bernstein Sees MicroStrategy Boom Post Nasdaq 100 Addition

MicroStrategy, a well-known business intelligence company and a major holder of Bitcoin, is likely to see rapid growth. Analysts at Bernstein say this growth will come from the possibility of MicroStrategy being added to the Nasdaq 100 index and the positive signals from the new Trump administration, which is expected to support cryptocurrency strongly. MicroStrategy to Experience Mind-Blowing Growth Likewise, Bloomberg analyst James Seyffart, in a post on X, predicts that MicroStrategy will join the Nasdaq 100 on December 23. This addition could greatly increase the company’s visibility and lead to significant buying activity. Seyffart estimates that exchange-traded funds (ETFs) related to the index will buy at least $2.1 billion of MicroStrategy shares. This purchase would account for about 20% of the stock’s daily trading volume, which Seyffart considers a conservative estimate. Notably, MicroStrategy’s addition to the Nasdaq 100 index would be a significant achievement for the company, highlighting its growing role in technology and cryptocurrency. Meanwhile, this potential increase comes as the market expects more supportive policies for crypto under the Trump administration. With clearer regulations and support for innovation, crypto-focused companies like MicroStrategy will likely benefit from this positive trend. MicroStrategy Bitcoin Bet Deepens MicroStrategy’s aggressive Bitcoin acquisition strategy continues to draw attention as Bernstein analysts project the firm’s holdings could swell to 4% of Bitcoin’s circulating supply by 2033. The research firm updated its price target for MicroStrategy’s stock (MSTR) to $600 by the end of 2025, citing its unprecedented treasury model and increasing global capital inflows. Notably, this report highlights MicroStrategy’s success in raising $3 billion in convertible debt and $6.6 billion in equity, putting the company ahead of its $42 billion capital-raising plan. The analysts view this as a pivotal factor in MicroStrategy’s ability to sustain its long-term Bitcoin acquisition strategy . MicroStrategy, a Pacesetter in the Crypto Industry The tech giant has emerged as a pioneering force in the cryptocurrency industry , primarily through its bold investment strategy focused on Bitcoin. The company has been recognized as one of the largest corporate holders of cryptocurrency. MicroStrategy has set a precedent for other companies considering similar Bitcoin acquisition moves. However, naysayers mentioned that MicroStrategy’s strategy is no longer unique and mentioned Metaplanet, which also holds significant Bitcoin reserves . They also said that other major industry players and countries are signaling interest in the digital asset, which potentially hints at future shifts in market dynamics. The post Bernstein Sees MicroStrategy Boom Post Nasdaq 100 Addition appeared first on TheCoinrise.com .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.