With Bitcoin prices hitting all-time highs recently, MicroStrategy now holds more than $40 billion in Bitcoin. However, its core business lost $340 million in the third quarter of this year. Despite this, the company's market value has reached $98 billion, making it about the 40th largest company in the Nasdaq 100 Index, mainly due to its "buy and hold Bitcoin" strategy.
MicroStrategy (MSTR) has been included in the Nasdaq 100 Index. MicroStrategy will become the 40th largest company in the Nasdaq 100 Index. Inclusion in the index will give MicroStrategy a place in Invesco's QQQ Trust (QQQ), one of the world's largest ETFs, with more than $300 billion in assets under management. $BTC $ETH $BNB