Reported about 15 hours ago
MicroStrategy Inc. is set to join the Nasdaq 100 Index alongside Palantir Technologies and Axon Enterprise, following a year of significant stock gains driven by its aggressive Bitcoin investment strategy. The decision reflects institutional acceptance of the company's volatile yet notable market performance, which surged over 500% this year. The addition could impact Bitcoin itself, prompting a rise in its value post-announcement, while firms like Palantir and Axon, also gaining from trends like AI, continue to adapt and thrive in the current market landscape.
Source: YAHOO