PANews reported on December 17 that according to The Block, MicroStrategy will officially join the Nasdaq 100 index on December 23, 2024, becoming the first Bitcoin-related company to enter the index. This inclusion is expected to bring approximately $2.1 billion in passive capital inflow to MicroStrategy, enhancing market liquidity. Analysts expect that after adopting the new FASB accounting standards in 2025, it may meet the criteria through a one-time net income gain, further promoting its entry into the S&P 500 index. The company currently holds 439,000 Bitcoins, with a total value of over $45 billion, and plans to continue expanding its Bitcoin purchasing program.
It is reported that MicroStrategy has currently met the minimum market capitalization and trading volume requirements for the S&P 500 index, but has not yet achieved the requirements for positive earnings in the most recent quarter and for four consecutive quarters. Benchmark analyst Mark Palmer stated that while joining the Nasdaq 100 index is an important opportunity for MicroStrategy in the near term, its potential to enter the S&P 500 index in the medium term will have a greater impact.
