Articles for tag: Bitcoin, cryptocurrency strategy, financial performance, investment growth, MicroStrategy, Nasdaq 100, stock market trends

December 11, 2024

MicroStrategy’s Bitcoin Strategy Propels Company Towards Nasdaq 100 Listing Amidst Cryptocurrency Market Growth

MicroStrategy’s stock has surged nearly 500% this year, making it a strong contender for inclusion in the Nasdaq 100 index, which will be reshuffled soon. The company, primarily known for its software, has shifted its focus to Bitcoin, holding approximately 400,000 bitcoins valued around $42 billion. This shift came as its software revenue declined, and ...

December 6, 2024

Market News

Crypto

Jim Cramer Advises Investors: Keep an Eye on Stocks Amid Bitcoin’s Surging Popularity

Jim Cramer, the well-known CNBC host, recently shared his insights on the impressive rise of bitcoin, which has surpassed the $100,000 mark. While he endorses bitcoin as a strong investment and a viable alternative to gold, he stresses the importance of having a diversified portfolio that includes traditional stocks. Cramer emphasizes that a balanced approach ...