How Will Microstrategy Entering Nasdaq 100 Affect Bitcoin?

Quick Summary:

Microstrategy is the biggest corporate Bitcoin buyer, with 423,650 bitcoins per last revelation, and is now on the Nasdaq 100 Index.

The popular index lists the top 100 largest non-financial companies, including global giants like Amazon, Apple, Nvidia, Meta, and more.

The X post conveyed a summary titled “Theory of MicroStrategy,” but CZ summarised it into just words, joking about the Bitcoin-obsessed company.

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Article Details

Author / Journalist: Pooja Khardia

Category: Crypto

Markets: India

Topics: Michael Saylor 24/7 Cryptocurrency News MicroStrategy Bitcoin Bitcoin price prediction

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-15 @ 00:31:54 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 551 words

Reading Time: 4 minutes read

Sentences: 43 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 24409682

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 10 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 17 hours ago

Coverage Areas: India

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