Editor's PiCK

MicroStrategy Joins Nasdaq 100 Index Today

Source
Minseung Kang

Summary

  • MicroStrategy has been officially included in the Nasdaq 100 index.
  • This allows investors in ETFs tracking the Nasdaq 100 to enjoy the effect of indirectly investing in Bitcoin.
  • MicroStrategy holds a total of 439,000 BTC at an average price of $61,725.

MicroStrategy (MSTR), known as the company holding the most Bitcoin (BTC) in the world, will officially be included in the Nasdaq 100 index today.

On the 23rd, the cryptocurrency-focused media Bitcoin Magazine reported, "MicroStrategy will officially be included in the Nasdaq 100 index, which is centered around U.S. technology stocks, today."

With MicroStrategy's inclusion in the Nasdaq 100 index, institutional and individual investors who invest in ETFs like QQQ, which track the Nasdaq 100, are expected to enjoy the effect of indirectly investing in Bitcoin.

Meanwhile, as of the 16th, MicroStrategy holds a total of 439,000 BTC at an average price of $61,725.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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