MicroStrategythe software development company run by Michael Saylor, would be announced as part of the Nasdaq 100 stock index this Friday December 13.
As CriptoNoticias reported yesterday, this list would add MicroStrategy alongside technological giants such as Apple, Nvidia, Microsoft, Amazon and Tesla, among others.
The Nasdaq 100 is an index that It brings together the 100 largest non-financial companies listed on the Nasdaq. The inclusion This index not only provides prestige, but also a significant flow of passive investments, given that investment funds and ETFs replicate the index.
The financial move could significantly influence the MicroStrategy (MSTR) share price.
Amid this speculation, MicroStrategy shares experienced a slight price increase, reaching $382 at the time of this publication.
This increase in price reflects the market expectation about inclusion in the Nasdaq 100 index, which could further boost its valuation. Although, as could be seen in the graph above, MSTR is still far from its all-time high of $540.
MicroStrategy’s selection to the Nasdaq 100 comes at a time when the company has seen significant appreciation, largely thanks to its adoption of bitcoin (BTC) as a treasury asset. As CriptoNoticias reported, MicroStrategy is a leader in the institutional adoption of BTC.
