MicroStrategy’s recent inclusion in the Nasdaq-100 is noteworthy, but analysts suggest that its potential addition to the S&P 500 could offer even greater opportunities. While the company currently does not meet all criteria for S&P 500 inclusion—such as reporting positive earnings—it plans to adopt new accounting standards for bitcoin, which may help it meet these ...
Bitcoin has hit a new record, crossing the $107,000 mark for the first time recently, reflecting a significant surge in investor confidence. This optimism is driven by discussions around a potential national bitcoin reserve and anticipation of a Federal Reserve interest rate cut. Some experts predict that bitcoin’s price could soar to $500,000 by 2025, ...
MicroStrategy’s stock, MSTR, saw a nearly 5% increase on Monday following news of the company’s recent bitcoin purchase and its upcoming inclusion in the Nasdaq 100 index. The software firm bought an additional 15,350 bitcoins for $1.5 billion, bringing its total holdings to around 440,000 bitcoins, making it the largest corporate investor in the cryptocurrency. ...
MicroStrategy’s stock saw a nearly 5% increase on Monday, following the company’s announcement of a significant bitcoin purchase and its upcoming entry into the Nasdaq 100. The company acquired 15,350 bitcoins for $1.5 billion, boosting its total holdings to approximately 440,000 bitcoins, making it the largest corporate bitcoin investor. Recent Market dynamics, including Bitcoin’s surge ...
Bitcoin (BTC-USD) has captivated investors by soaring past $106,000, reaching record highs. This impressive rise is fueled by institutional interest and strong inflows into Bitcoin exchange-traded funds (ETFs), with over $2 billion hitting these funds last week alone. Since Donald Trump’s election, Bitcoin has surged over 50% as optimism builds around pro-crypto policies. Analysts predict ...
MicroStrategy has recently expanded its Bitcoin reserves by purchasing 15,350 BTC for approximately $1.5 billion, bringing its total holdings to 439,000 BTC worth around $45.6 billion. This latest acquisition, made between December 9 and 15 at an average price of about $100,386 per BTC, underlines the company’s commitment to Bitcoin investment. Founder Michael Saylor noted ...
MicroStrategy, a leading corporate investor in Bitcoin, recently acquired 15,350 BTC for about $1.5 billion, raising its total holdings to 439,000 BTC valued at approximately $45.6 billion. The purchase, made between December 9 and 15 at an average price of $100,386 per Bitcoin, is part of the company’s aggressive investment strategy led by founder Michael ...
MicroStrategy’s shares rose over 5% in premarket trading after the Nasdaq announced that the company will join the Nasdaq-100 index starting December 23. This move comes amid a remarkable 547% stock increase this year, significantly outperforming the S&P 500. MicroStrategy, led by CEO Michael Saylor, has built a substantial Bitcoin reserve, owning over 420,000 bitcoins, ...
Michael Saylor, co-founder of MicroStrategy, has raised eyebrows with hints of a potential new Bitcoin purchase after the company joined the Nasdaq-100 Index. His recent social media posts suggest that MicroStrategy may soon add to its already impressive portfolio of over 171,000 BTC, which amounts to an investment exceeding $15 billion. This acquisition would mark ...
Every December, Nasdaq updates its Nasdaq-100 Index, which features 100 of the largest non-financial companies on the Nasdaq Stock Market. Established in 1985, the index is heavily influenced by the Market capitalizations of its members, including major tech giants like Apple, Microsoft, and Amazon. For December 2023, the index has shown impressive growth, gaining 53.8% ...
