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    Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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Bitcoin News: Will Nasdaq-100 Firm MicroStrategy Enter the S&P 500 by 2025?

Story Highlights
  • MicroStrategy has acquired 15,350 BTC, bringing its total holdings to 439,000 BTC, worth approximately $27.1 billion.

  • MicroStrategy's inclusion in the Nasdaq-100 index has significant implications for its share price and could attract more institutional investors to Bitcoin.

  • Bitcoin price has recently reached a new all-time high, and market experts believe that MicroStrategy's continued Bitcoin purchases could further fuel the upward trend.

MicroStrategy, a prominent Nasdaq-100 firm known for its bold Bitcoin strategy, has acquired 15,350 BTC for around $1.5 billion at an average price of $100,386 per Bitcoin. This move further solidifies its position as a major corporate Bitcoin holder.

With this latest acquisition, MicroStrategyโ€™s Bitcoin holdings now total 439,000 BTC, purchased for $27.1 billion. The companyโ€™s average purchase price stands at $61,725 per Bitcoin, yielding significant returns: 46.4% quarter-to-date (QTD) and 72.4% year-to-date (YTD).

MicroStrategy Joins Nasdaq-100 Giants

On December 15, Michael Saylor, Executive Chairman of MicroStrategy, stirred curiosity with a cryptic post on X (formerly Twitter). He questioned the absence of a “green dot” on SaylorTrackerโ€”an indicator widely associated with upcoming MicroStrategy Bitcoin purchases. The post fueled speculation about the companyโ€™s next steps.

Starting December 23, MicroStrategy will join the Nasdaq-100, placing it alongside some of the worldโ€™s leading companies. This inclusion guarantees its presence in index-tracking exchange-traded funds (ETFs) like Invescoโ€™s QQQ, which manages over $300 billion in assets.

Collectively, Nasdaq-100 tracking ETFs manage more than $550 billion, greatly enhancing MicroStrategyโ€™s exposure to investors globally.

MicroStrategy is the first Bitcoin treasury company to enter the Nasdaq-100. Michael Saylor predicts that Marathon Digital Holdings ($MARA), a leading Bitcoin mining firm, could follow suit and join the prestigious index in the near future.

Eyeing S&P 500 Inclusion

James Van Straten, a senior analyst at CoinDesk, believes MicroStrategy could qualify for the S&P 500 if it posts positive earnings over the last four quarters. He estimates that with Bitcoin reaching $120,000 and new Financial Accounting Standards Board (FASB) rules taking effect in Q1 2025, MicroStrategy could achieve $25 billion in net income.

This scenario would make the company eligible for S&P 500 inclusion as early as Q2 2025.

Institutions are fueling Bitcoin’s riseโ€”read Bitcoin price prediction to discover where this unstoppable surge is headed next!

Impact on Bitcoin Price

Bitcoin Price continued its upward trend, reaching a new all-time high of 106,488.25 early Monday. The recent spike comes amid rising investor optimism, spurred by US President-elect Donald Trump’s possible bitcoin strategic reserve fund and the continuous surge of institutional interest, including the Nasdaq listing of pro-Bitcoin startup MicroStrategy.

As of press time, BTC price is changing hands at $103K, with a minor loss.

Market experts believe that MicroStrategyโ€™s growing influence in the Nasdaq-100 and its continued Bitcoin purchases could further attract additional institutional buyers, potentially pushing Bitcoin to new all-time highs.

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FAQs

How much Bitcoin does MicroStrategy own?

MicroStrategy owns 439,000 BTC, purchased for $27.1 billion, representing 2% of all Bitcoin in existence.

What does MicroStrategy do?

MicroStrategy is a Nasdaq-listed business intelligence firm that specializes in software solutions and holds substantial Bitcoin reserves.

Why does MicroStrategy invest in Bitcoin?

MicroStrategy invests in Bitcoin as a strategic reserve asset to protect against inflation and strengthen its financial position.

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