MicroStrategy Joins Nasdaq 100 as Bitcoin Holdings Hit Record Levels

The company's inclusion in the index and aggressive Bitcoin strategy signal its growing influence in both crypto and traditional finance.

MicroStrategy has been added to the Nasdaq 100 index, effective December 23, 2024, exposing its stock to index-tracking funds like the Invesco QQQ ETF.
The company now holds 439,000 Bitcoin, valued at approximately $47 billion, after purchasing 15,350 BTC for $1.5 billion last week.
MicroStrategy’s stock has surged over 570% in 2024, driven by its Bitcoin acquisition strategy and the cryptocurrency’s record high of $107,000.
Analysts highlight potential risks tied to the company’s reliance on Bitcoin, including its lack of traditional business operations and exposure to market volatility.
The inclusion in Nasdaq 100 could pave the way for eventual S&P 500 entry, contingent on meeting profitability criteria under new accounting rules in 2025.