MicroStrategy added to Nasdaq-100 Index after stock surge fueled by bitcoin holdings

From Investing.com: 2024-12-13 20:35:34

MicroStrategy will be added to the Nasdaq-100 Index, boosting its stock price. The company’s shares have surged over six-fold this year, reaching a market value of nearly $94 billion. MicroStrategy began holding bitcoin in 2020, becoming the largest corporate holder. Analysts predict continued growth and recognition for the firm. The company currently holds around 423,650 bitcoins worth approximately $42.43 billion.



Read more at Investing.com: MicroStrategy secures Nasdaq-100 inclusion after bitcoin-fueled stock surge By Reuters