PANews reported on December 17 that according to The Block, MicroStrategy will officially join the Nasdaq-100 Index on December 23, 2024, becoming the first Bitcoin-related company to enter the index. This inclusion will bring about $2.1 billion in passive capital inflows to MicroStrategy, enhancing market liquidity. Analysts predict that after adopting the new FASB accounting standards in 2025, MicroStrategy may meet the requirements through a one-time net income gain, further driving its inclusion in the S&P 500 Index. The company currently holds 439,000 Bitcoins, with a total value exceeding $45 billion, and plans to continue expanding its Bitcoin purchase program.
It is reported that MicroStrategy currently meets the minimum market capitalization and trading volume requirements for the S&P 500 Index, but has not yet reached the requirement for recent quarterly and consecutive four-quarter cumulative positive earnings. Benchmark analyst Mark Palmer stated that while joining the Nasdaq-100 Index is an important near-term opportunity for MicroStrategy, its potential to enter the S&P 500 Index in the medium term will have a greater impact.
