MicroStrategy enters Nasdaq-100
MicroStrategy joins the Nasdaq-100, bringing a Bitcoin-treasury-heavy public company into one of the world's most tracked equity benchmarks.
On December 23, 2024, MicroStrategy enters Nasdaq-100. MicroStrategy joins the Nasdaq-100, bringing a Bitcoin-treasury-heavy public company into one of the world's most tracked equity benchmarks.
MicroStrategy's inclusion exposed benchmark-tracking funds and portfolios to a company whose valuation and financing strategy had become closely tied to its Bitcoin holdings. The index did not itself hold Bitcoin.
It documents the evolution of corporate Bitcoin treasury strategy from simple cash purchases toward recurring capital-markets financing and adoption by companies outside the original Bitcoin industry.