MicroStrategy is set to join the Nasdaq 100 index, becoming the first company focused on Bitcoin, what big news! 🎉
The Nasdaq 100 index includes the 100 largest non-financial companies, and MicroStrategy's inclusion means its stock will be purchased by more ETFs tracking the index, expected to bring about $2.1 billion in passive buying. 💰
Although it currently does not meet the profit standards of the S&P 500, with the new accounting standards taking effect in January 2025, MicroStrategy is expected to be included in the S&P 500 adjustment in June 2025. 📈
This is undoubtedly a dynamic worth paying attention to in the blockchain industry! 🔍