MARA Next In Line For NASDAQ Listing? Michael Saylor Hints

Recently, Michael Saylor’s software firm, Microstrategy, achieved a listing on the Nasdaq-100 Index.

This inclusion has triggered a lot of speculations in the Bitcoin ecosystem with firms like MARA Holdings congratulating the company.

Analysts have noted that MicroStrategy’s decision to purchase bitcoin to protect the value of its reserve assets has enhanced the appeal of its stock, which also aligns with Bitcoin’s performance.

Bernstein analysts expect that the market will likely set its sights on S&P 500 inclusion for MicroStrategy in 2025 following the Nasdaq-100 inclusion.

Further, the brokerage also sees the company’s prospects continuing to improve next year, and it also expects more visibility and recognition beyond fresh ETF inflows as a result of the Nasdaq-100 inclusion.

Is MARA Next In Line?

Interestingly, Michael Saylor shared his insights on the X platform, forecasting that the Bitcoin mining company MARA could be the next addition to the Nasdaq 100 index.

Saylor’s statement highlights the growing influence and recognition of cryptocurrency-related companies in traditional financial markets.

Notably, Fred Thiel, the Chairman and CEO at MARA Holdings congratulated MSTR on the listing. He highlighted MicroStrategy as the first bitcoin treasury company to join the NASDAQ 100. 

In response, Saylor noted that he expects MARA Holdings to join the prestigious Nasdaq-100 list soon.

Are MARA’s Chances Higher?

Both companies are strengthening their treasury reserves with large Bitcoin purchases. Despite having different business models, their strong focus on BTC connects them.

This month, MARA Holdings has raised over $700 million through a private note offering. Although MARA Holdings is relatively far from bagging such a listing, CEO Thiel noted that the firm is working hard to achieve a similar landmark.

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