{"id":266415,"date":"2024-12-10T23:36:57","date_gmt":"2024-12-10T23:36:57","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/12\/10\/microstrategy-mstr-expected-to-be-added-to-nasdaq-100-bloomberg\/"},"modified":"2025-06-25T17:10:10","modified_gmt":"2025-06-25T17:10:10","slug":"microstrategy-mstr-expected-to-be-added-to-nasdaq-100-bloomberg","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/12\/10\/microstrategy-mstr-expected-to-be-added-to-nasdaq-100-bloomberg\/","title":{"rendered":"MicroStrategy (MSTR) Expected To Be Added To Nasdaq 100: Bloomberg"},"content":{"rendered":"

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Follow Nikolaus On &Xopf; Here For Daily Posts<\/a><\/p>\n<\/figcaption><\/figure>\n

Today, Bloomberg ETF analysts Eric Balchunas and James Seyffart announced that MicroStrategy (MSTR) is expected to enter into the Nasdaq 100 (QQQ) later this month on December 23.<\/p>\n

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$MSTR<\/a> is likely to be added to $QQQ<\/a> on 12\/23 (w\/ announcement coming 12\/13). Moderna likely to get boot (symbolic). Below is best guess of adds\/drops via @JSeyff<\/a>. Likely a 0.47% weight (40th biggest holding). There's $550b of ETFs tracking the index. S&P 500 add next yr prob. pic.twitter.com\/rmTavtvWQL<\/a><\/p>\n

— Eric Balchunas (@EricBalchunas) December 10, 2024<\/a><\/p><\/blockquote>\n

\u201cMicroStrategy will likely enter the Nasdaq 100 Index on Dec. 23, and we expect net buying of at least $2.1 billion in shares by ETFs to follow, equal to about 20% of daily volume,\u201d Seyffart explained<\/a>. \u201cJoining the S&P 500 will be tougher because of a lack of profit, though an accounting-rule change surrounding Bitcoin valuations could make MicroStrategy eligible in 2025.\u201d<\/p>\n

Net buying of $2.1 billion would be an added boost to MSTR, which has already outperformed most major stocks and also bitcoin this year \u2014 up 450% year-to-date at the time of writing. MSTR, powered by its relentless bitcoin acquisition strategy, has seen its stock skyrocket to a new all time high this year for the first time since March 10, 2000.<\/p>\n

MSTR has already acquired<\/a> over 170,000 bitcoin since announcing its plans to raise $42 billion to purchase more BTC in late October.\u00a0<\/p>\n

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Balchunas stated that the official announcement of MSTR getting added to QQQ is expected to come this Friday, December 13.<\/p>\n

\u201cAgain this is our best estimate of what will go down,\u201d Balchunas concluded<\/a>. \u201cWe don’t work at Nasdaq. FYI!\u201d<\/p>\n