MicroStrategy invests another $1.5 billion to increase its Bitcoin holdings, could it become the 'dark horse' of the S&P 500 in the future?
Are you wondering: how much impact can Bitcoin really have on businesses? MicroStrategy has just announced that it has spent approximately $1.5 billion to successfully increase its holdings by 15,350 Bitcoins! This not only brings their Bitcoin reserves close to 439,000 but also achieves astonishing quarterly returns of 46.4% and annual returns of 72.4%. Coupled with its impending inclusion in the Nasdaq 100 index, can this giant's actions bring a new wave to the crypto market?
What's even more noteworthy is that analysts predict MicroStrategy could enter the S&P 500 by 2025. What does this mean? It could lead to a significant amount of passive ETF buying in the market, enhancing market liquidity! If all this occurs, who can foresee how it will change the future market landscape?
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Cross-chain exchanges, increasing Bitcoin holdings, Nasdaq 100 – every change in the crypto world could be an opportunity. Are you ready?
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The above content is for information sharing only and does not constitute any investment advice!
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