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MicroStrategy to Join Nasdaq-100: Tap MSTR ETFs
MSTRMicroStrategy(MSTR) ZACKS·2024-12-17 14:00

MicroStrategy (MSTR) , the world’s largest Bitcoin hoarder, is set to join the Nasdaq 100 index on Dec. 23. The move will offer the cryptocurrency more exposure in the tech-heavy market. The stock is often viewed as a Bitcoin proxy.A Major Bitcoin Proxy in the Nasdaq 100MicroStrategy holds an astounding number of 423,650 Bitcoins, making it a unique and volatile addition to the Nasdaq 100. The index comprises the top 100 tech and non-financial companies from the larger Nasdaq Composite index (IXIC), which h ...