American business intelligence and software company MicroStrategy, co-founded by Michael Saylor, was included in the Nasdaq-100 Index. This development, Bitcoin $102,189.6 It had a wide impact in the ecosystem and companies such as MARA Holdings congratulated MicroStrategy.
MicroStrategy’s Nasdaq-100 Inclusion
MARA Holdings President and CEO Fred Thiel congratulated MicroStrategy on its inclusion in the Nasdaq-100 Index. Thiel called MicroStrategy “the first Bitcoin treasury company to join the Nasdaq 100.”
Thanks. We’re working hard to get there.— Fred Thiel
Michael Saylor stated that he expects MARA Holdings to join the Nasdaq-100 list soon. Both companies are strengthening their treasuries with Bitcoin, and this strategy increases the value of the companies.
Bitcoin Investments and Financial Performance
MARA Holdings raised over $700 million through a private bond issue this month. Additionally, the company purchased 11,774 BTC this week, increasing its total Bitcoin reserves to 40,435 BTC, bringing its total value to $3.9 billion.
The Bitcoin treasury strategy MicroStrategy adopted four years ago positively impacted the company’s stock performance and helped it meet the Nasdaq 100 benchmarks.
Strategic Bitcoin Reserves and Public Policies
A significant shift in the crypto world is seen in the interest of different world governments in strategic Bitcoin reserves. In the USA, Senator Cynthia Lummis has prepared a bill that aims to acquire 1 million Bitcoins within five years.
Texas Representative Giovanni Capriglione also introduced a bill to create a Bitcoin reserve in the state. Countries such as El Salvador and Bhutan continue to lead in this field.
Successful Bitcoin investments by companies such as MikroStrategy and MARA Holdings could encourage other countries to adopt similar strategies.
The positive impact of Bitcoin investments on company performance may lead other companies to adopt this strategy. This situation continues to increase interest in Bitcoin in the markets.
MARA Holdings’ efforts to join the Nasdaq-100 listing are supported by the company’s financial performance and Bitcoin strategy. These developments create an important dynamic in the cryptocurrency market.
Overall, improving financial performance of companies adopting a Bitcoin strategy may lead more companies to follow this path. This offers different opportunities for both companies and economies.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
