Bitcoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/microstrategy-joins-nasdaq-100-boosting-bitcoin" data-wpel-link="internal" rel="noopener noreferrer nofollow">Microstrategy Joins Nasdaq 100, Boosting Bitcoin</a><br></p>
<p style="text-align: justify">Microstrategy has officially been added to the Nasdaq 100, becoming the largest corporate buyer of <a href="https://en.bitcoinhaber.net/bitcoin-market-sees-dip-as-investors-weigh-halving-event-and-price-support-levels" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a>. This prestigious index comprises the top 100 non-financial firms, which includes giants like Amazon and Apple. As of November 29, 2024, the firm ranks 40th on the list with an impressive market valuation of approximately $92 billion.</p>
<h2 id="what-is-microstrategy-s-bitcoin-approach">What is Microstrategy’s Bitcoin Approach?</h2>
<p style="text-align: justify">Under the leadership of Michael Saylor, Microstrategy has adopted a steadfast commitment to acquiring Bitcoin, irrespective of its market price fluctuations. Currently, the company possesses around 234,650 <a href="https://en.bitcoinhaber.net/bitcoin-price-and-market-dynamics-technical-analysis-insights" data-wpel-link="internal" rel="noopener noreferrer nofollow">BTC</a>, equating to nearly $43 billion. This significant investment helps to bolster market confidence and plays a vital role in driving up Bitcoin’s price.</p>
<h2 id="will-bitcoin-prices-continue-to-rise">Will Bitcoin Prices Continue to Rise?</h2>
<p style="text-align: justify">As of the latest reports, Bitcoin trades at $101.5k, slightly down from its peak price of $103.9k. However, Microstrategy’s entry into the Nasdaq 100 may contribute positively to Bitcoin’s valuation. Following this announcement, Bitcoin witnessed a spike to $102.5k, representing its most substantial rebound since reaching its previous all-time high.</p>
<ul>
 <li>Microstrategy has maintained a consistent buying strategy for four years.</li>
 <li>The firm’s portfolio has surged to $43.18 billion.</li>
 <li>Analysts forecast Bitcoin could potentially hit $150k by the end of 2025.</li>
</ul>
<p style="text-align: justify">Michael Saylor’s firm has successfully navigated criticism for its Bitcoin accumulation, now standing as a significant player in the cryptocurrency space. Its recent Nasdaq 100 inclusion enhances confidence in Bitcoin’s trajectory, spurring optimism about its potential for reaching new heights in the coming years.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/microstrategy-joins-nasdaq-100-boosting-bitcoin" data-wpel-link="internal" rel="noopener noreferrer nofollow">Microstrategy Joins Nasdaq 100, Boosting Bitcoin</a></h5>

Microstrategy Joins Nasdaq 100, Boosting Bitcoin

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