[Lunch Briefing] MicroStrategy, NASDAQ 100 Index Inclusion… “Possibility of Large-Scale Fund Inflow”

Major cryptocurrencies are mixed.



At 1:04 pm on the 16th based on Bithumb, Bitcoin (BTC) rose 1.78% from the previous day to 150,387,000 won. Ethereum (ETH) rose 1.25% to 5,673,000 won, Ripple (XRP) fell 0.69% to 3,457 won, Solana (SOL) rose 0.28% to 318,200 won, and Binance Coin (BNB) fell 0.68% to 1,023,000 won.

The international market is also on a downward trend.

At the same time, on CoinMarketCap, BTC recorded $104,485.03, up 2.67% from the previous day. ETH rose 1.65% to $3,940.24, XRP fell 0.62% to $2.40, SOL rose 0.62% to $220.95, and BNB fell 0.46% to $710.37.

The total market capitalization of cryptocurrencies increased by 1.94% from the previous day to about $3.68 trillion (about 528.46 trillion won). The Crypto Fear and Greed Index of data company Alternative.me rose 3 points from the previous day to 83 points, indicating 'extreme greed'.

MicroStrategy (MSTR), which holds the most BTC in the world on a single company basis, has been included in the Nasdaq-100 index.

According to CoinTelegraph on the 14th (local time), Nasdaq plans to add MSTR, Palantir Technologies (PLTR), and Axon Enterprise (AXON) to the Nasdaq-100 index on the 23rd. At the same time, Illumina (ILMN), Super Micro Computer (SMCI), and Moderna (MRNA) will be removed from the Nasdaq-100 index.

As a result, MSTR has qualified to be included in the portfolio of Invesco's exchange-traded fund (ETF) 'QQQ Trust (QQQ)'. Crypto analyst Will Clemente explained on X (formerly Twitter) on the 13th that "if MSTR is added to the Nasdaq-100 index, funds from large global pension funds and sovereign wealth funds may flow into BTC."

Michael Saylor, chairman of MSTR, has been steadily purchasing BTC since 2020. MSTR currently holds 423,650 BTC.

Choi Jae-heon, reporter

chsn12@decenter.kr