Nasdaq announced the results of its annual restructuring of the Nasdaq 100 index. MicroStrategy (formerly MicroStrategy), the pioneer of Bitcoin reserve strategies, remains in the index, while six companies, including GlobalFoundries, Lululemon, and ON Semiconductor (ON), have been removed. However, MSCI, another global index provider, recently expressed concerns about the presence of digital asset finance companies (DAT) in its benchmark indices and will decide on January 15th whether to remove MicroStrategy and similar companies.
The Nasdaq 100 index, which manages $600 billion in assets, undergoes its annual adjustment.
The Nasdaq 100 Index is a globally recognized index that tracks the performance of the 100 largest non-financial companies listed on the Nasdaq stock market, covering a wide range of industries and sectors, from technology and retail to healthcare, telecommunications, biotechnology, and media.
As of December 2025, the Nasdaq 100 Index supports more than 200 tracking products worldwide, managing over $600 billion in assets. These include the well-known Invesco QQQ Index, as well as a range of derivatives and structured instruments based on the Nasdaq 100 Index and QQQ Index, such as futures, options, and other products, which are also traded on major exchanges.
Nasdaq announced that six companies will be added to the Nasdaq 100 index in its annual adjustment, including Alnylam Pharmaceuticals Inc., Ferrovial SE, Insmed Incorporated, Monolithic Power Systems Inc., Seagate Technology Holdings Plc, and Western Digital Corp., which will be included in the index before the market opens on December 22.
At the same time, the index will also remove six stocks, including Biogen Inc., CDW Corporation, GlobalFoundries Inc., Lululemon Athletica Inc., ON Semiconductor (ON), and The Trade Desk Inc.
MicroStrategy will remain on Nasdaq, while its MSCI inclusion is still pending announcement in mid-January.
The pioneering Bitcoin reserve strategy, Strategy, was added to the Nasdaq 100 index at the end of last year and successfully experienced a surge before its inclusion in the index.
However, MSCI, another global index provider, recently expressed concern about the presence of digital asset finance companies (DATs) in its benchmark indices, as DATs may exhibit characteristics similar to investment funds and thus do not qualify for MSCI indices. MSCI recommends excluding companies with cryptocurrency holdings exceeding 50% of their total assets from the MSCI Global Investable Markets Index and will decide on whether to remove Strategy and similar companies on January 15th.
This article, "Micro Strategy: Remaining on the Nasdaq 100 Index, MSCI Inclusion Still Awaiting Mid-January Announcement," first appeared on ABMedia ABMedia .
