MicroStrategy officially enters the Nasdaq 100
MicroStrategy, the company that invested the most in Bitcoin , has just taken a giant step into the world of traditional finance. This Friday, December 13, the company officially joined the prestigious Nasdaq 100 index, putting itself side by side with technology giants such as Apple, Microsoft and Amazon.
The news was announced by Nasdaq in an official statement, which detailed the annual changes in the Nasdaq-100 index. This Marco reinforces MicroStrategy's position as one of the largest publicly traded companies in the US.
“Nasdaq (Nasdaq: NDAQ) today announced the results of the annual reconstitution of the Nasdaq-100® Index (Nasdaq: NDX®), which will be effective before the market open on Monday, December 23, 2024. The following three companies will be added to the Index: Palantir Technologies Inc. (Nasdaq: PLTR), MicroStrategy Incorporated (Nasdaq: MSTR), and Axon Enterprise, Inc. (Nasdaq: AXON),” reported .
This inclusion marks a turning point for the cryptocurrency industry, especially for Bitcoin. By becoming part of the Nasdaq 100, MicroStrategy not only validates its strategy of accumulating Bitcoin, but also elevates the status of the cryptocurrency in the eyes of institutional investors.
In simple terms, MicroStrategy’s entry into the Nasdaq 100 means that index funds that track the index will now have to buy shares of the company. This injects a new influx of capital into MicroStrategy and, by extension, Bitcoin, as the company holds billions of dollars in Bitcoin on its balance sheet.
O Bitcoin price today 14/12/2024 is showing a significant rise that caused the asset to return to trading above US$ 101 thousand. Yesterday, the asset reached a peak when trading at US$ 102.628, but did not sustain its upward movement and retracted to the current level.
At the time of publication, the price of Bitcoin was quoted at US$ 101.678 with an increase of 1.3% in the last 24 hours, equivalent to approximately R$ 614.269,66 BRL and € 96.780,04 EUR. In its weekly development, the asset showed a slight recovery of 2%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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