MicroStrategy secures Nasdaq-100 inclusion after bitcoin-fueled stock surge

Bitcoin

MicroStrategy will be added to the tech-heavy Nasdaq-100 Index, the exchange operator said on Friday, following a meteoric surge in the shares of the bitcoin buyer. The change comes into effect prior to market open on Dec. 23, Nasdaq added. An inclusion in the index typically boosts stock prices, as exchange-traded funds looking to replicate the index's performance buy shares of the included firm. MicroStrategy, an aggressive investor in the world's largest crypto asset, has seen its shares

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MicroStrategy secures Nasdaq-100 inclusion after bitcoin-fueled stock surge https://www.channelnewsasia.com/ - 14.12.2024 04:43
MicroStrategy secures Nasdaq-100 inclusion after bitcoin-fueled stock surge https://www.channelnewsasia.com - 14.12.2024 03:51

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MicroStrategy secures Nasdaq-100 inclusion after bitcoin-fueled stock surge https://www.channelnewsasia.com/ - 14.12.2024 04:43
MicroStrategy secures Nasdaq-100 inclusion after bitcoin-fueled stock surge https://www.channelnewsasia.com - 14.12.2024 03:51