MicroStrategy Joins Nasdaq-100 Pioneering Bitcoin Revolution

• MicroStrategy now owns 423,650 Bitcoin, valued at $44B.
• The addition of Nasdaq-100 expands the exposure of Bitcoin for investors.

MicroStrategythe largest corporate owner of Bitcoin, will soon be included in the elite class of the Nasdaq-100 Index. It is going to happen even before the opening bell is heard on December 23, 2024, marking the success of the strategy laid down by the Executive Chairman Michael Saylor, who started putting pressure on Bitcoin in 2020.

The company began investing $ 425 million in Bitcoins four years ago and has been increasing the amount of money since then. Recently, this month, the company showed aggression by buying another 15,400 Bitcoins, spending $1.5 billion in the process since Bitcoin was near an all-time high. With approximately 423,650 Bitcoins currently held, with a value of approximately $44 billion, this is a real payback of the strategy for MicroStrategy.

When Saylor first suggested the idea of ​​buying Bitcoins, many thought he was taking a risk. After all, however, the bet has paid off so well, especially after the bitcoin price passed $100,000.

Increased Bitcoin Transparency to the Investor

That puts Bitcoin directly in the traditional investment books indirectly through Nasdaq-100. That is because investors have easy access to the crypto market in equities. The equity price of that company increased to more than $400 per equity since its announcement. They have their values ​​on the bitcoins that have also been held, since the value of bitcoin does not seem to hit a stable value but has been increasing gradually.

Along with this, the Nasdaq-100 Index, etc. is going to include the re-establishment process every year due to some companies that are listed in, Illumina Super Micro Computer Moderna Among this way, the largest number of non-financial companies are listed to this Nasdaq. with the market cap of Apple, Microsoft, Tesla Amazon This is the Nasdaq-100.

Since their announcement, the Bitcoin price has crossed $102,000 and is trading at $101,365.72, while MicroStrategy shares have been up more than $400. As the ETFs are going to buy shares, expect more gains in the coming days for $MSTR.

This strategic decision to stay on Bitcoin, thus opens up more room for institutional interest, thus creating more room for the company to achieve more benefits and improve investor confidence.