Not too long ago, Michael Saylor’s software program agency, Microstrategy, achieved a list on the Nasdaq-100 Index. This inclusion has triggered a whole lot of speculations within the Bitcoin ecosystem with companies like MARA Holdings congratulating the corporate.
Analysts have famous that MicroStrategy’s choice to buy bitcoin to guard the worth of its reserve belongings has enhanced the attraction of its inventory, which additionally aligns with Bitcoin’s efficiency. Bernstein analysts count on that the market will probably set its sights on S&P 500 inclusion for MicroStrategy in 2025 following the Nasdaq-100 inclusion.
Additional, the brokerage additionally sees the corporate’s prospects persevering with to enhance subsequent yr, and it additionally expects extra visibility and recognition past recent ETF inflows because of the Nasdaq-100 inclusion.
Is MARA Subsequent In Line?
Curiously, Michael Saylor shared his insights on the X platform, forecasting that the Bitcoin mining firm MARA might be the subsequent addition to the Nasdaq 100 index. Saylor’s assertion highlights the rising affect and recognition of cryptocurrency-related corporations in conventional monetary markets.
Congratulations to $MSTR and @saylor for being the primary #bitcoin treasury firm to affix the NASDAQ 100. https://t.co/UFvbPFFhr2
— Fred Thiel (@fgthiel) December 14, 2024
Notably, Fred Thiel, the Chairman and CEO at MARA Holdings congratulated MSTR on the itemizing. He highlighted MicroStrategy as the primary bitcoin treasury firm to affix the NASDAQ 100. In response, Saylor famous that he expects MARA Holdings to affix the distinguished Nasdaq-100 listing quickly.
Are MARA’s Probabilities Larger?
Each corporations are strengthening their treasury reserves with massive Bitcoin purchases. Regardless of having completely different enterprise fashions, their robust concentrate on BTC connects them. This month, MARA Holdings has raised over $700 million by way of a personal word providing. Though MARA Holdings is comparatively removed from bagging such a list, CEO Thiel famous that the agency is working onerous to realize the same landmark.
Shift in Investor’s View
Regardless of quite a few companies now embracing a Bitcoin-first technique, Michael Saylor probably sees MARA’s possibilities of assembly the targets as excessive contemplating its present inventory efficiency.
The potential inclusion of MARA within the Nasdaq 100 would mark a big milestone for the corporate and the broader cryptocurrency trade, reflecting its integration into mainstream monetary indices. Because the cryptocurrency market continues to develop, the inclusion of corporations like MARA in main indices might sign a shift in how conventional buyers view and have interaction with digital currencies and their infrastructure.
