news 
**MicroStrategy on Track to Become Part of Nasdaq-100**
In a stunning turn of events, it appears that MicroStrategy is poised to join the highly prestigious Nasdaq-100 index. This unprecedented development has sent shockwaves throughout the crypto and traditional financial communities alike.
According to recent reports, the company’s market capitalization has reached an astonishing $350 billion, catapulting them into the top 100 biggest companies by market cap. In a dramatic twist, it seems that MicroStrategy is now on the cusp of being included in the Nasdaq-100 index.
The implications of this development are nothing short of monumental. For those unfamiliar, the Nasdaq-100 index comprises roughly $11 trillion worth of assets under management, which would effectively mean that ETFs with approximately $350 billion will need to acquire shares in the company. This could potentially have a profound impact on MicroStrategy’s share price and overall market value.
As reported by U.Today, MicroStrategy has been gaining significant ground over recent months. Last year, it even inched closer to surpassing chip giant Intel, which is no small feat. The company’s stock prices are currently trending upward, with a 2.16% increase ahead of its likely addition to the Nasdaq-100 index.
It appears that MicroStrategy will be joining forces with data analytics firm Palantir as part of this latest development. Both companies are expected to join the prestigious index in the near future.
Notably, this news comes on the heels of a recent prediction made by Bitwise, a leading cryptocurrency index fund manager, which suggests that Coinbase could be set to join the S&P 500 index in 2025.
In conclusion, it appears that MicroStrategy is poised to make history as one of the newest additions to the Nasdaq-100 index.
Source: u.today
