MicroStrategy expected to crack Nasdaq 100 — Bloomberg Intelligence

Summary

MicroStrategy (MSTR) is set to join the Nasdaq 100 stock index on December 23, with an announcement expected soon. This inclusion will position MicroStrategy among the top 100 stocks by market capitalization and attract significant institutional capital, with an estimated 0.47% weight in the index. The company will be added to the Invesco QQQ Trust, which manages approximately $322 billion in assets. MicroStrategy has invested around $25 billion in Bitcoin since 2020, yielding over $17 billion in unrealized profits, and currently holds nearly 425,000 BTC valued at over $42 billion. The stock has surged approximately 2,500% since 2020, significantly outperforming most public companies. Analysts predict MicroStrategy may also join the S&P 500 by 2025.