MARA Holdings Eyes Nasdaq 100 Amid MicroStrategy’s Recent Inclusion, Michael Saylor Hints at Next Steps
The post MARA Holdings Eyes Nasdaq 100 Amid MicroStrategy’s Recent Inclusion, Michael Saylor Hints at Next Steps appeared on BitcoinEthereumNews.com.
MicroStrategy’s Michael Saylor has sparked interest in MARA Holdings, hinting it may become the next Bitcoin firm to be added to the Nasdaq 100. The cryptocurrency landscape continues to evolve, with major companies vying for visibility and influence, making Nasdaq 100 inclusion a significant milestone. “Thanks Fred. I expect $MARA will be the next,” Saylor stated, capturing the optimistic outlook towards MARA’s growth potential in the Bitcoin ecosystem. MicroStrategy’s founder hints at MARA Holdings’ potential Nasdaq 100 inclusion following MicroStrategy’s own rise, signaling a pivotal moment for Bitcoin firms. MARA Aims for Nasdaq 100: A Strategic Move? MARA Holdings, under the leadership of CEO Fred Thiel, has set its sights on joining the esteemed Nasdaq 100 index, known for housing some of the largest technology firms in the world. This ambition follows MicroStrategy’s recent announcement of its own inclusion in the Index, a move that has stirred excitement among investors and cryptocurrency enthusiasts alike. Thiel stated, “MARA is working hard to get there,” highlighting the firm’s proactive investment in Bitcoin, which has exceeded $600 million within a mere two months. Joining the Nasdaq 100 is significant as it reflects a company’s stature in the stock market, based on market capitalization. MicroStrategy, which achieved this milestone, boasted a market cap of $94.77 billion as of December 13. In comparison, MARA’s market cap stands at $7.32 billion, showcasing the distance yet to cover. Market Sentiment and Recent Trends The sentiment surrounding MARA Holdings appears strong, evidenced by its recent stock performance. As of December 13, MARA shares closed at $22.73, marking a **16.74% increase** over the past six months, reflecting growing confidence amid a tumultuous crypto environment. This interest can be attributed not only to MARA’s investments but also to the broader market trends that suggest a stabilizing phase for Bitcoin, which…
Filed under: News - @ December 15, 2024 4:45 am