Bitcoin proxy MicroStrategy to join the Nasdaq 100 and heavily traded 'QQQ' ETF – CNBC
MicroStrategy, a company known for its heavy investment in Bitcoin, is set to join the Nasdaq 100 index. This move comes as the company continues to make waves in the cryptocurrency world. MicroStrategy’s decision to join the Nasdaq 100 is significant, as this index includes some of the largest and most influential companies in the technology sector.
In addition to joining the Nasdaq 100, MicroStrategy will also be included in the heavily traded ‘QQQ’ ETF. This ETF, which tracks the performance of the Nasdaq 100 index, is a popular choice for investors looking to gain exposure to some of the top technology companies in the market.
MicroStrategy’s decision to join the Nasdaq 100 and the ‘QQQ’ ETF showcases the company’s growing influence in the cryptocurrency space. With its significant investment in Bitcoin, MicroStrategy has become a key player in the world of digital assets. Investors will be watching closely to see how this move impacts the company’s stock price and overall performance in the market.