Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
MicroStrategy’s Nasdaq 100 Listing Marks Major Milestone for Bitcoin Adoption

MicroStrategy’s Nasdaq 100 Listing Marks Major Milestone for Bitcoin Adoption

CryptodnesCryptodnes2024/12/15 01:33
By:Cryptodnes

On Friday, MicroStrategy achieved a significant milestone by joining the prestigious Nasdaq 100 index, securing its position among some of the world’s leading tech giants.

The announcement from Nasdaq revealed the annual changes to the index, which includes notable names like Apple, Microsoft, and Amazon. Following the news, MicroStrategy’s stock (MSTR) saw a modest increase of 0.57% in after-hours trading, rising to $411 from the day’s opening price of $400.07.

For those in the cryptocurrency world, this achievement is seen as a major step forward, symbolizing the growing acceptance of Bitcoin by mainstream institutions.

Founded in 1989 by Michael Saylor, MicroStrategy is a leader in business intelligence and analytics solutions. Over the past few years, however, it has gained even more attention for its bold Bitcoin strategy. In 2020, the company made a significant move into the crypto space, investing $425 million into Bitcoin, a decision that was initially met with skepticism. Since then, MicroStrategy has only increased its commitment, recently adding another $1.5 billion to its holdings.

READ MORE:
Japan Pushes for Bitcoin Reserve to Strengthen Economy

Today, the company is the largest corporate holder of Bitcoin, owning over 423,650 BTC, worth approximately $42.8 billion. This aggressive investment strategy has made MicroStrategy a key figure in the intersection of traditional business and digital currencies.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!