MicroStrategy Gains Potential for Inclusion in Nasdaq 100 Index

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Coin-Turk 10 months ago 224

MicroStrategy is rapidly gaining traction with its Bitcoin $99,148 investment strategy, positioning itself for potential inclusion in the Nasdaq 100 index. Discussions continue regarding whether the company should be classified as a technology or a financial firm before the index is updated.

Debate on Classification

Some experts argue that MicroStrategy should not be included in the index, claiming it has transitioned into a financial company. The firm’s heavy focus on Bitcoin investments strengthens the view that it has shifted from the software sector to the financial sector.

“If MicroStrategy forms a significant part of the Nasdaq universe, it should be included in the index.”

– Lance Vitanza, TD Cowen analyst

According to Bloomberg ETF analysts, MicroStrategy’s inclusion in the index could lead to a significant increase in stock prices. The company’s market value could rise due to heightened investor interest in index funds and ETFs.

Opposing Views and Expectations

Conversely, some analysts point to the company’s fin...



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