Name: MicroStrategy joins Nasdaq 100—passive funds are coming for bitcoin.
Uploaded: 2024-12-25T11:53:09+0800
Duration: 4 min 3 s
Description: Yesterday at 8 PM ET, it was announced that MSTR would be entering the Nasdaq 100. This means that index funds like QQQ, which holds over $200 billion

MicroStrategy joins Nasdaq 100—passive funds are coming for bitcoin.

2024-12-25T11:53:09+0800

Yesterday at 8 PM ET, it was announced that MSTR would be entering the Nasdaq 100. This means that index funds like QQQ, which holds over $200 billion will now be passively buying MSTR, which is effectively a conservatively leveraged bitcoin position. This means that millions of Americans that may have exposure to the Nasdaq index in their brokerage or retirement accounts, now have serious exposure to bitcoin.