Bitcoin hoarder company Strategy remains in Nasdaq 100

Reuters12-13
Bitcoin hoarder company <a href="https://laohu8.com/S/MSTR">Strategy</a> remains in Nasdaq 100

Dec 12 (Reuters) - Bitcoin hoarding giant Strategy MSTR.O clung to its place in the Nasdaq 100 .NDX on Friday, continuing its year-long stint in the benchmark at a time where analysts have raised questions over its business model.

(Reporting by Shashwat Chauhan and Ruchika Khanna in Bengaluru; Editing by Anil D'Silva and Christian Schmollinger)

((Ruchika.Khanna@thomsonreuters.com;))

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Comments

  • Guavaxf30
    12-13
    Guavaxf30
    To be clear, Nasdaq-100 is NOT S&P100. These are very different indexes and not of equal standing. S&P100 is more restrictive and carries more importance to financial institutions. Please read re-produced article below:-  MSTR (MicroStrategy, now called “Strategy” in some reports) is not currently a member of the S&P 100. Here’s the situation: 📌 S&P 100 vs. S&P 500 • The S&P 100 is a subset of the S&P 500, consisting of 100 large, established U.S. companies selected for size, liquidity, and industry representation.  • To be in the S&P 100, a company must first be included in the S&P 500 (it’s essentially the top tier of the S&P 500). Because MSTR is not in the S&P 500, it cannot be in the S&P 100 either. 📌 Current Index Membership for M
    • Guavaxf30: 
      Pre-market price is falling in ine with weakening Bitcoin prices. At the moment, it looks like the recent low of $155 may soon be tested.
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