🚀 Big news in the crypto world! MicroStrategy is making waves as it's set to join the Nasdaq-100 Index, becoming the first bitcoin-centric company in this elite group. This move boosts the Nasdaq 100's bitcoin exposure significantly, as MicroStrategy holds about $42 billion in BTC.
- The Nasdaq-100 includes giants like Apple and Tesla, and now MicroStrategy ranks as the 40th largest.
- ETFs tracking this index, like Invesco's QQQ Trust, manage over $550 billion in assets.
What do you think about this development? Share your thoughts in the comments!