MicroStrategy is expected to officially enter the NASDAQ 100 index on December 23
Bloomberg ETF analyst James Seyffart believes that funds tracking the NASDAQ 100 index may purchase MicroStrategy shares worth about $2.1 billion. This will account for approximately 20% of the company's daily trading volume.
As a result, MicroStrategy could become one of the 40 largest components of the index. This will significantly increase the liquidity of the company's shares and make them more attractive to investors.
Moreover, this could lead to an increase in MicroStrategy's market capitalization and strengthen its position in the stock market.