MicroStrategys Growing Bitcoin Investments
American business intelligence and software firm MicroStrategy Inc. is reportedly on the verge of being included in the prestigious Nasdaq 100 Index. According to a recent update from Guru Focus, some technology companies like Moderna might exit the index, creating an opportunity for MicroStrategys inclusion.

Bloomberg Intelligence suggests strong confidence in MicroStrategys chances of being added to the index. Eric Balchunas, Bloombergs senior ETF analyst, also confirmed the likelihood of MicroStrategys inclusion, alongside Palantir Technologies.

$MSTR is likely to be added to $QQQ on 12/23. Modernas removal is anticipated. Estimated weight: 0.47%. – Eric Balchunas

The official list of companies joining and exiting the Nasdaq 100 Index will be announced on December 13. Companies need to fulfill specific criteria to qualify, such as trading on the Nasdaq exchange for at least two years, maintaining a daily trading volume of 200,000 shares, and submitting regular and timely financial reports.

A Brief Overview of MicroStrategy
MicroStrategy was founded in November 1989, offering advanced software and cloud services. However, it gained significant attention in August 2020 when it adopted Bitcoin ($99,584.4) as a primary treasury reserve asset. Since then, the company has consistently increased its Bitcoin holdings, amassing a total of 423,650 BTC.

Michael Saylors Role in the Bitcoin Strategy
Michael Saylor, co-founder and executive chairman of MicroStrategy, has played a pivotal role in the companys growth and Bitcoin strategy. Beyond spearheading the firms Bitcoin adoption, Saylor has been a vocal advocate for digital currency.

At one point, he even presented a three-minute pitch to Microsofts board, encouraging them to adopt Bitcoin as a reserve asset. Although Microsoft declined the proposal to maintain its existing financial strategy, Saylors efforts inspired other companies like Tesla, Metaplanet, and Semler Scientific to invest in Bitcoin.

Implications of Nasdaq 100 Inclusion
If MicroStrategy is added to the Nasdaq 100 Index, it could signify a major milestone for the company. This inclusion would validate its financial stability and reinforce the success of its Bitcoin-focused strategy. For investors, this development marks a critical moment to assess the future trajectory of MicroStrategy and its long-term impact on the cryptocurrency market.