MicroStrategy's bitcoin-powered surge takes it closer to Nasdaq 100 doorstep

Bitcoin

A meteoric rise in MicroStrategy's shares has made the bitcoin hoarder a likely candidate for the tech-heavy Nasdaq 100 index ahead of an annual reshuffle this week. The loss-making software company, an aggressive investor in the highly volatile cryptocurrency, has seen its shares soar nearly 500 per cent this year, taking its market capitalization to $90 billion. The world's largest cryptocurrency hit the $100,000 milestone for the first time last week and has doubled in value this year. It

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MicroStrategy's bitcoin-powered surge takes it closer to Nasdaq 100 doorstep https://www.channelnewsasia.com/ - 11.12.2024 19:04
MicroStrategy's bitcoin-powered surge takes it closer to Nasdaq 100 doorstep https://www.channelnewsasia.com - 11.12.2024 17:48

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MicroStrategy's bitcoin-powered surge takes it closer to Nasdaq 100 doorstep https://www.channelnewsasia.com/ - 11.12.2024 19:04
MicroStrategy's bitcoin-powered surge takes it closer to Nasdaq 100 doorstep https://www.channelnewsasia.com - 11.12.2024 17:48