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MarketBeat
MarketBeat
Business
Gabriel Osorio-Mazilli

RARE PHOTOS: Microstrategy joins nasdaq 100 2 crypto stocks set to win | Rare Historical Photos

After a massive rally over the past quarter, shares of MicroStrategy Inc. (NASDAQ: MSTR) started to face some controversy regarding the underlying business model and methods of this technology stock accumulating Bitcoin on their balance sheet through shareholder dilution. However, that pressure quickly subsided after a recent announcement that could boost the company higher.

MicroStrategy has now been accepted into the Nasdaq-100 index, where the company will start trading as of December 23, 2024. This means a mandatory inflow of capital from the market’s biggest funds and investors, as there is a mandatory weight that each constituent in the index must have at all times. What this means for investors is a potential redemption from previous criticisms about the company’s financial management practices.

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