MicroStrategy Expected to Join Nasdaq-100 Index on December 23

PANews reported on December 11 that according to Crypto Briefing, MicroStrategy is expected to join the Nasdaq 100 Index on December 23, and the official announcement is scheduled to be released this Friday (December 13). Bloomberg ETF analyst James Seyffart said that the ETF tracking the Nasdaq 100 Index is expected to purchase $2.1 billion worth of MicroStrategy shares, accounting for about 20% of the company's daily trading volume. ETF analyst Eric Balchunas said that the company's weight in the Nasdaq 100 Index may also reach 0.47%, becoming the 40th largest holding in the index.

Seyffart said that while joining the Nasdaq 100 is imminent, joining the S&P 500 will be more challenging due to MicroStrategy's lack of profitability. However, upcoming changes in accounting rules related to Bitcoin valuations could make the company eligible for inclusion in the S&P 500 in 2025.

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Author: PA一线

This content is for market information only and is not investment advice.

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