MicroStrategy CEO Michael Saylor believes that bitcoin mining company MARA Holdings will be included in the Nasdaq 100.
On December 13, it became known that it had been included MicroStrategy in the Nasdaq 100 Index , which tracks the stock price of the 100 largest companies by market capitalization listed on the Nasdaq exchange. MARA Holdings CEO Fred Thiel was quick to congratulate MicroStrategy on the achievement.
Thanks, Fred. I think MARA will be next, - answered Sailor Tilu.
MicroStrategy is among the top 100 firms by market cap thanks to Bitcoin. This year kriptovalyuta rose in price by 141%, and the securities of MicroStrategy, which owns $43,3 billion worth of BTC, increased in price 490%. As a result, the company's capitalization level increased to $91,8 billion.
MicroStrategy Stock Price Growth Since Early 2024
It is obvious that Michael is predicting MARA to be included in the Nasdaq 100 Index, as the firm uses the same investment strategy as MicroStrategy. The organization has been actively increasing its Bitcoin holdings and has spent over $600 million on BTC in the last two months.
However, the purchase of cryptocurrency has not yet had a positive impact on the price of MARA shares, which decreased by 15% since the beginning of the year. MARA's capitalization is currently estimated at $7,3 billion, so to catch up with MicroStrategy, cryptocurrency miners will have to attract capital in the amount of $84,5 billion.
