cryptojournalist
MicroStrategy, a company widely recognized for its Bitcoin investments, is set to join the Nasdaq-100 Index on Dec. 23, 2024. This inclusion highlights the growing influence of crypto-related firms in mainstream finance.
MicroStrategy’s Nasdaq Inclusion
On Dec. 13, Nasdaq confirmed that MicroStrategy (MSTR) would be added to the prestigious Nasdaq-100 Index, alongside Palantir Technologies (PLTR) and Axon Enterprise (AXON). Companies like Illumina (ILMN), Super Micro Computer (SMCI), and Moderna (MRNA) will be removed to make room.
MicroStrategy, originally a software company, transitioned into a major Bitcoin holder in 2020. Its inclusion in the Nasdaq-100 solidifies its position among the 100 largest companies on the exchange by market capitalization.
Pro-Crypto SEC Leadership Speculation
Brian Brooks, former acting Comptroller of the Currency in 2021, has been making headlines in the crypto world. Rumors suggest he could be a candidate for SEC Chair if Donald Trump replaces current chair Gary Gensler.
In a related move, Trump recently nominated Paul Atkins, a known crypto advocate, to lead the SEC. These developments signal potential shifts in regulatory attitudes toward cryptocurrencies.
