Bitcoin hoarding company Strategy remains in Nasdaq 100

Dec 12 (Reuters) - Bitcoin hoarding giant Strategy (MSTR) clung to its place in the Nasdaq 100 on ​Friday, continuing its year-long stint in the benchmark ‌at a time where analysts have raised questions over its business ‌model. Some market watchers have suggested Strategy's pioneering business model of buying-and-holding bitcoin, which has spawned dozens of copycats, more closely resembles that of an investment fund. Concerns have grown ⁠over the sustainability of ‌crypto treasury companies, whose shar ...