Reuters: Strategy stocks will remain in the Nasdaq 100 Index
BlockBeats News, December 13, according to Reuters, the listed Bitcoin treasury company Strategy will remain in the Nasdaq 100 Index, retaining its position in the benchmark index and extending its year-long status as a constituent stock. This move comes amid analysts raising questions about its business model.
Some market observers believe that Strategy's pioneering business model—centered on "buying and holding Bitcoin for the long term," which has inspired dozens of imitators—is closer to an investment fund rather than a traditional operating company. Meanwhile, concerns about the sustainability of "crypto asset treasury companies" continue to rise in the market. The share prices of such companies have proven to be extremely sensitive to Bitcoin price fluctuations.
Global index provider MSCI (MSCI.N) has also expressed concerns about including digital asset treasury companies in its index system. MSCI is expected to decide in January next year whether to remove Strategy and similar companies from its indices.
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.
You may also like
The US SEC will issue guidelines for cryptocurrency custody services
Negotiations on the U.S. crypto market structure bill may be postponed until January next year
Kazakhstan is advancing its national crypto and blockchain strategy with Solana at the core.
