MicroStrategy secures Nasdaq-100 inclusion after bitcoin-fueled stock surge – Reuters
Business intelligence firm MicroStrategy has recently secured inclusion in the Nasdaq-100 index following a surge in their stock price, fueled by their investments in bitcoin. This move reflects the company’s growing influence and success in the market. The Nasdaq-100 index is a benchmark for the performance of some of the largest non-financial companies listed on the Nasdaq stock exchange. MicroStrategy’s decision to invest in bitcoin has paid off significantly, leading to a significant increase in their stock value. This achievement marks a new milestone for the company and solidifies its position in the competitive market.