MicroStrategy has just joined the Nasdaq-100, and this is great news for the Bitcoin ecosystem! 🚀 Michael Saylor, founder of MicroStrategy, celebrated the achievement, and other companies like MARA Holdings also congratulated him. 🎉
Fred Thiel, CEO of MARA Holdings, called MicroStrategy "the first Bitcoin treasury company to enter the Nasdaq-100." 🥇 MARA Holdings is also hoping to follow suit soon. Both are increasing their Bitcoin reserves, which will certainly increase the value of the company. 💰
MARA Holdings recently raised over $700 million through a private bond issue and purchased 11,774 BTC, bringing their total reserves to 40,435 BTC worth $3.9 billion. 📈 The Bitcoin treasury strategy that MicroStrategy adopted four years ago has had a positive impact on their stock performance.
Government interest in Bitcoin reserves is growing, with US Senator Cynthia Lummis planning legislation to acquire 1 million Bitcoins over five years. 🇺🇸 In addition, countries like El Salvador and Bhutan are also leading the way.
The success of Bitcoin investments by companies like MicroStrategy and MARA Holdings could encourage other countries to follow suit. 🌍 Hopefully more companies will see the positive potential of Bitcoin investments! 💡
