Microstrategy (MSTR, Financial), primarily known for its software, has recently joined the Nasdaq 100 index due to its significant Bitcoin investments. This move has sparked debates in global markets as investors tracking the Nasdaq index are now indirectly holding Bitcoin assets. Michael Saylor, the company's co-founder and executive chairman, is optimistic about Microstrategy's future inclusion in the S&P 500 index by 2025.
Saylor predicts that with a 20% increase in Bitcoin's value, Microstrategy's assets could reach $50 billion, generating an annual investment return of $10 billion, potentially qualifying it for the S&P 500. Currently, Microstrategy's market capitalization is $89 billion, meeting the size requirement for the index. However, experts remain skeptical, pointing out that Microstrategy operates more like a Bitcoin investment fund than a traditional business.
