
Title: MicroStrategy Joins NASDAQ 100 as Bitcoin Price Soars
MicroStrategy, a publicly-traded business intelligence software company, has been making headlines with its aggressive investment in Bitcoin (BTC). On December 14, it was announced that the company would be joining the prestigious NASDAQ-100 index, which tracks the performance of the largest and most successful non-financial companies listed on the NASDAQ stock exchange.
This news comes as a significant milestone for MicroStrategy, as it cements its position as a leader in the Bitcoin investment space. The company’s decision to join the NASDAQ-100 further solidifies its commitment to the digital asset, which has seen unprecedented growth in recent months.
In the past few days, the price of Bitcoin surged nearly 2%, reaching an all-time high of $101,762.26. This surge comes as a testament to the growing acceptance and mainstream adoption of the cryptocurrency.
As we have seen throughout history, there is often a strong correlation between MicroStrategy’s stock performance and that of Bitcoin. With this latest announcement, it seems likely that these trends will continue in the future.
Historically, there has been an incredibly strong correlation between MSTR (MicroStrategy) and Bitcoin prices.
Source: u.today