The post MicroStrategy Earns Spot in Nasdaq-100 Index appeared on BitcoinEthereumNews.com.

MicroStrategy, a prominent American software and business intelligence firm co-founded by Michael Saylor, has secured its place in the Nasdaq-100 Index. This notable achievement has sparked enthusiasm within the Bitcoin community, leading to congratulatory messages from other firms such as MARA Holdings. How Does MicroStrategy’s Nasdaq-100 Inclusion Impact Bitcoin? Fred Thiel, the President and CEO of MARA Holdings, publicly praised MicroStrategy for being the first company with a Bitcoin treasury to enter the Nasdaq-100. He expressed optimism about the future trajectory of both companies’ investments in Bitcoin. Thank you. We are working hard to get there.— Fred Thiel Saylor mentioned that MARA Holdings is also aiming for a position in the Nasdaq-100 list soon. The two companies are both strategically enhancing their assets with Bitcoin, which significantly boosts their market valuations. What Financial Strategies are Companies Following? MARA Holdings recently secured over $700 million through a private bond issuance and added 11,774 BTC to its portfolio this week. Their total Bitcoin reserves have now reached 40,435 BTC, valued at approximately $3.9 billion. MicroStrategy’s Bitcoin treasury strategy has positively impacted its stock performance. Regulatory interest in Bitcoin reserves is growing, with U.S. lawmakers proposing significant Bitcoin acquisition initiatives. Countries like El Salvador and Bhutan continue to pioneer Bitcoin adoption. The successful Bitcoin strategies of entities like MicroStrategy and MARA Holdings may inspire additional nations to consider similar financial practices. The favorable impact of Bitcoin investments on company performance is likely to sustain heightened market interest in the cryptocurrency space. Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research. Source: https://en.bitcoinhaber.net/microstrategy-earns-spot-in-nasdaq-100-index

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Filed under: News - @ December 16, 2024 12:23 am