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MicroStrategy (MSTR) enters Nasdaq 100

December 14, 2024, 1:01 AM
MicroStrategy (MSTR) enters Nasdaq 100Tree News, a decentralized community-run news aggregator, reported on X that Nasdaq has added Bitcoin investment company MicroStrategy (MSTR) to its index. Bloomberg analyst James Seyffart previously noted that MicroStrategy's inclusion in the Nasdaq 100 is expected to trigger an estimated net purchase of at least $2.1 billion in shares by ETFs. This amount represents about 20% of the daily trading volume of MSTR shares.

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