Shares have risen nearly 500% so far this year, and the market value is now around $98 billion, far higher than the value of its 423,650 BTC holdings (worth just under $43 billion at current prices). Since September 12, the company has purchased 197,150 BTC, significantly increasing its holdings while pushing up its cost basis.
After being included in the Nasdaq 100, the company may set its sights on being included in the S&P 500 in 2025, according to Bernstein analysts. However, joining the index may be more difficult due to the lack of profits in the company's enterprise software business. As the Bitcoin strategy has become the company's core activity, the enterprise software business has gradually been put aside. (The Block)
Yesterday's news, MicroStrategy (MSTR) has been included in the Nasdaq 100 index.