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📖 Day 1 · Quiz (Single Choic
MicroStrategy's stock price has pumped nearly 500% this year, or it may focus on joining the S&P 500 index next year
Odaily Planet Daily News The stock price has pumped nearly 500% so far this year, with a current Market Cap of about 98 billion US dollars, far exceeding the value of its 423,650 BTC Holdings (valued at slightly less than 43 billion US dollars at current prices). Since September 12, the company has purchased 197,150 BTC, significantly increasing its Holdings and pushing up its cost basis. Analysts at Bernstein believe that after being included in the Nasdaq 100 Index, the company may set its sights on being included in the S&P 500 Index by 2025. However, it may be more difficult to join the index due to the lack of profitability in the company's enterprise software business. As the Bitcoin strategy becomes the core activity of the company, the enterprise software business has gradually been put aside. (The Block) Yesterday, it was announced that MicroStrategy (MSTR) has been included in the Nasdaq 100 Index.