Bitcoin

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<ul> 
 <li aria-level="1">ETFs linked to Nasdaq 100 set to drive massive demand for MicroStrategy shares after December 23 inclusion.</li> 
 <li aria-level="1">MicroStrategy now holds 423,650 BTC, leveraging its portfolio for broader institutional engagement within crypto-linked markets.</li> 
 <li aria-level="1">Bitcoin’s surge and Trump’s crypto policies drive MicroStrategy’s aggressive acquisitions, propelling its market cap to $90 billion.</li> 
</ul> 
MicroStrategy, a company closely tied to Bitcoin’s price trends, will join the Nasdaq 100 index on December 23. 
This move, part of the index’s annual rebalancing, highlights the firm’s increasing relevance in the financial markets. The Nasdaq 100 includes the largest non-financial companies listed in the Nasdaq Composite and is a key benchmark for tech-focused investments.&nbsp;&nbsp; 
This inclusion will trigger automatic purchases of <a href="https://www.ethnews.com/microstrategys-bitcoin-holdings-hit-42-5-billion-as-btc-price-soars-past-100000/">MicroStrategy</a> shares by major exchange-traded funds (ETFs), including the Invesco QQQ Trust, which manages $325 billion in assets. 
Analysts suggest this change could further boost demand for MicroStrategy stock, which has risen over 600% this year, compared to Bitcoin’s 140% increase in the same timeframe.&nbsp;&nbsp; 
<h2 id="b-etf-impact-b">ETF Impact</h2> 
Gautam Chhugani, an analyst at Bernstein, emphasized that MicroStrategy’s addition to the Nasdaq 100 will likely drive substantial ETF inflows. These purchases, combined with the firm’s alignment with Bitcoin, position it for continued market momentum.&nbsp;&nbsp; 
<blockquote>
 “This would lead to inclusion of MSTR in some of the largest ETFs such as QQQ (5th largest ETF) etc, leading to one-time fresh buying … and ongoing participation in future inflows,” said Gautam Chhugani
</blockquote> 
Originally established as an enterprise software provider, <a href="https://www.ethnews.com/michael-saylor-reaffirms-microstrategy-will-not-sell-its-bitcoin-holdings/">MicroStrategy</a> shifted focus in 2020, when it began acquiring Bitcoin under the leadership of then-CEO Michael Saylor. The company has since solidified its identity as a Bitcoin holding firm, issuing convertible notes to fund acquisitions.&nbsp; 
Today, MicroStrategy holds 423,650 BTC, valued at over $90 billion, while generating less than $500 million in annual revenue.&nbsp;&nbsp; 
Saylor, now executive chairman, describes <a href="https://www.ethnews.com/how-michael-saylors-bitcoin-bet-is-making-microstrategy-a-wall-street-phenomenon/">MicroStrategy’s mission</a> as “securitizing Bitcoin” to connect traditional capital markets with the cryptocurrency sector.&nbsp;&nbsp; 
<blockquote>
 “Primarily, our job is to bridge the traditional capital markets that want bonds, or they want fixed income, or they want equity, or they want options, and we plug that into the crypto economy. And we use bitcoin as the vehicle to do that,” said Saylor
</blockquote> 
MicroStrategy’s rise aligns with broader market developments following the election of U.S. President-elect Donald Trump, who has pledged to establish a national Bitcoin reserve. This policy stance has fueled demand for Bitcoin, with MicroStrategy acquiring 149,880 BTC in November alone.&nbsp;&nbsp; 
The company’s inclusion in the Nasdaq 100 highlights the increasing integration of cryptocurrency-related entities into mainstream finance. Analysts are also watching for a potential inclusion in the S&amp;P 500 by 2025, though profitability requirements linked to its software business may pose challenges.&nbsp;&nbsp; 
MicroStrategy’s trajectory underscores the evolving relationship between traditional financial systems and crypto assets, with Bitcoin serving as a central bridge between the two sectors 
<figure id="attachment_119811" aria-describedby="caption-attachment-119811" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class="size-full wp-image-119811" src="https://www.ethnews.com/wp-content/uploads/2024/12/MSTR_2024-12-16_09-51-24.png" alt="MSTR_2024-12-16_09-51-24" width="1649" height="929">
 <figcaption id="caption-attachment-119811" class="wp-caption-text">
 Source: tradingview
 </figcaption>
</figure> 
The current price of MicroStrategy (MSTR) is $408.67 USD, with an increase of +4.20% in the last trading session. The stock has demonstrated significant growth over the year, with a 490.15% year-to-date gain and a 595.02% increase over the last year.&nbsp; 
Pre-market trading indicates a further increase to $426.68 USD (+4.41%). MicroStrategy is set to join the Nasdaq 100 Index on December 23, which could further boost its performance​. 
The post <a href="https://www.ethnews.com/trumps-bitcoin-policy-boosts-microstrategy-what-it-means-for-bitcoin-and-etfs/">Trump’s Bitcoin Policy Boosts MicroStrategy: What It Means for Bitcoin and ETFs</a> appeared first on <a href="https://www.ethnews.com">ETHNews</a>.

Trump’s Bitcoin Policy Boosts MicroStrategy: What It Means for Bitcoin and ETFs

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