Michael Saylor Predicts MARA Holdings to Be Next Bitcoin Firm
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Michael Saylor predicts MARA Holdings will be the next Bitcoin firm to join the Nasdaq 100. Fred Thiel congratulated Saylor’s MicroStrategy for becoming the first Bitcoin treasury company in the Nasdaq 100. MARA’s recent Bitcoin acquisitions and stock performance underscore its ambition to join. MicroStrategy’s founder, Michael Saylor, has boldly predicted that MARA Holdings, a prominent Bitcoin mining company, could be the next firm to join the prestigious Nasdaq 100 index. Michael Saylor believes this could pave the way for MARA to follow suit. Michael Saylor MicroStrategy’s Recent Nasdaq 100 Inclusion MicroStrategy’s inclusion in the Nasdaq 100 index was confirmed on December 13, 2024. As one of the top 100 companies on the Nasdaq stock exchange. MicroStrategy achieved a significant position due to its market capitalization, which had grown to $94.77 billion as of that date. This inclusion is a notable achievement, particularly for a firm widely known for its Bitcoin-first strategy. The company’s massive Bitcoin holdings have become central to its corporate identity, and Saylor has long been a vocal advocate for Bitcoin’s role as a treasury asset. In response to the announcement, Fred Thiel, Chairman and CEO of MARA Holdings, congratulated Saylor and MicroStrategy for being the first Bitcoin treasury company to secure a spot in the Nasdaq 100. Saylor’s response to Thiel, posted on X, expressed confidence that MARA would be next. “Thanks, Fred. I expect $MARA will be the next,” Saylor remarked, underscoring his belief that MARA’s growing position in the Bitcoin space makes it a strong contender for Nasdaq 100 inclusion shortly. MARA Holdings’ Ambitions and Financial Moves MARA Holdings has a market cap of $7.32 billion and has been aggressively expanding its Bitcoin reserves. Over the past two months, the company has invested over $600 million in Bitcoin, according to a December 2 filing…
Filed under: News - @ December 15, 2024 9:18 pm