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

WallStreet Forex Robot 3.0
CryptoIntelligence 2024-12-14 12:33:41

MicroStrategy Joins Nasdaq-100 Index Amid Bitcoin Buzz

Nasdaq announced that MicroStrategy (MSTR), led by prominent Bitcoin advocate Michael Saylor, will be added to the Nasdaq-100 Index starting Dec. 23. MicroStrategy joins Palantir Technologies Inc. (PLTR) and Axon Enterprise, Inc. (AXON) as new additions to the index, according to a Dec. 13 statement from Nasdaq. Meanwhile, Illumina, Inc. (ILMN), Super Micro Computer, Inc. (SMCI), and Moderna, Inc. (MRNA) will be removed. MSTR Now Among Nasdaq’s Largest Companies MicroStrategy, originally a software company that pivoted into becoming a de facto Bitcoin hedge fund in 2020, is now among Nasdaq’s 100 largest stocks by market capitalization. Its inclusion also means that the Invesco QQQ Trust (QQQ), an ETF managing $322 billion in assets, will add MSTR to its portfolio. Crypto Industry Reacts to the News The announcement sparked excitement across the crypto community. Crypto analyst Will Clemente commented on X, “Now that MSTR is getting added to the Nasdaq, every large pension fund, sovereign wealth fund, and individual retirement account in the world is going to have Bitcoin exposure.” Jeff Park, head of alpha strategies at Bitwise Invest, declared, “The trade of the decade is just getting started. Buckle up.” Felix Hartmann, founder of Hartmann Capital, added, “This news is not priced in until public markets open,” predicting active managers benchmarking against Nasdaq would adopt direct exposure to Bitcoin or MSTR to stay competitive. Saylor’s Bitcoin Push Extends to Microsoft This development follows Michael Saylor’s recent attempt to persuade Microsoft’s board to embrace Bitcoin. During Microsoft’s annual meeting on Dec. 10, Saylor proposed that adopting Bitcoin could add nearly $5 trillion to Microsoft’s market cap. “Microsoft can’t afford to miss the next technology wave, and Bitcoin is that wave,” Saylor argued.

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约