MicroStrategy's Imminent Inclusion In Nasdaq 100 Could Reportedly Spark Up To $2B In Fund Inflows

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MicroStrategy's Imminent Inclusion In Nasdaq 100 Could Reportedly Spark Up To $2B In Fund Inflows

Benzinga11-30

In a significant move, MicroStrategy Inc. MSTR looks set to join the Nasdaq 100 index, prompting a major reconstitution of the index. This change, based on market cap rankings as of Nov. 29, will take...

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This change, based on market cap rankings as of Nov. 29, will take...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42253555/microstrategys-imminent-inclusion-in-nasdaq-100-could-reportedly-spark-up-to-2b-in-fund-inflows\">Source Link</a>\n\n</div>\n","source":"Benzinga","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>MicroStrategy's Imminent Inclusion In Nasdaq 100 Could Reportedly Spark Up To $2B In Fund Inflows</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicroStrategy's Imminent Inclusion In Nasdaq 100 Could Reportedly Spark Up To $2B In Fund Inflows\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-30 18:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cryptocurrency/24/11/42253555/microstrategys-imminent-inclusion-in-nasdaq-100-could-reportedly-spark-up-to-2b-in-fund-inflows><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In a significant move, MicroStrategy Inc. MSTR looks set to join the Nasdaq 100 index, prompting a major reconstitution of the index. This change, based on market cap rankings as of Nov. 29, will take...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/24/11/42253555/microstrategys-imminent-inclusion-in-nasdaq-100-could-reportedly-spark-up-to-2b-in-fund-inflows\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QLD","symbol_name":"纳指两倍做多ETF","start_time":0,"source_url":"https://www.benzinga.com/markets/cryptocurrency/24/11/42253555/microstrategys-imminent-inclusion-in-nasdaq-100-could-reportedly-spark-up-to-2b-in-fund-inflows","article_id":"2487964520","we_media_id":null,"thumbnails":["https://www.benzinga.com/files/images/story/2024/11/30/Michael-Saylor-MSTR.jpeg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2487964520","pubTimestamp":1732960994,"sourceInfo":{"source_id":"Benzinga","name":"Benzinga Cypto"},"weMediaInfo":null,"summary":"MicroStrategy looks set to join the NASDAQ 100 index, prompting a major reconstitution of the index.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF","MSTR":"MicroStrategy","BK4596":"哈里斯概念","BK4600":"加密货币概念","TQQQ":"纳指三倍做多ETF","BK4601":"加密货币现货ETF","BK4516":"特朗普概念","QQQ":"纳指100ETF","BK4023":"应用软件",".IXIC":"NASDAQ Composite","BK4585":"ETF&股票定投概念","BK4594":"比特币ETF概念","QID":"纳指两倍做空ETF","BK4595":"比特币概念","SQQQ":"纳指三倍做空ETF","BK4588":"碎股"},"translate_title":"据报道，MicroStrategy即将被纳入纳斯达克100指数可能会引发高达20亿美元的资金流入","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".IXIC":1,"MSTR":1,"TQQQ":0.6,"SQQQ":0.6,"QQQ":0.6,"QLD":0.6,"QID":0.6,"PSQ":0.6,"NQmain":0.6,"MNQmain":0.6},"content_text":"In a significant move, MicroStrategy Inc. MSTR looks set to join the Nasdaq 100 index, prompting a major reconstitution of the index. This change, based on market cap rankings as of Nov. 29, will take effect after Dec. 20.\nWhat Happened: According to a report by Seeking Alpha, the inclusion of MicroStrategy, with its $94 billion market cap, will impact passive funds tracking the index, such as the Invesco QQQ Trust QQQ and the Invesco Nasdaq 100 QQQM.\nThese funds, along with the Global X Nasdaq 100 Covered Call QYLD, will need to adjust their holdings to include MicroStrategy by Dec. 20.\nMicroStrategy’s entry into the NASDAQ 100 introduces Bitcoin exposure to passive investors, as the company holds nearly 2% of the Bitcoin supply. Known for issuing stock to purchase Bitcoin, MicroStrategy’s strategy could affect the index’s dynamics.\nSee Also: MicroStrategy's Michael Saylor Calls Bitcoin The ‘Manhattan In Cyberspace,' Says It's An Asset You Could Expect To ‘Last 1,000 Years'\nThe reconstitution may result in increased turnover and potential tracking errors for ETFs, as they will need to rebalance their portfolios to accommodate MicroStrategy’s growing market cap. This unique situation could lead to strategic trading opportunities for investors.\nWhy It Matters: MicroStrategy’s potential inclusion in the NASDAQ 100 is a testament to its growing influence in the financial markets, particularly due to its aggressive Bitcoin strategy.\nRecently, Bernstein described MicroStrategy as a “Bitcoin magnet,” projecting it could hold 4% of the global Bitcoin supply by 2033. However, this strategy is not without risks, as some analysts caution about its long-term viability.\nAdditionally, Michael Saylor, co-founder of MicroStrategy, recently revealed that the company is generating substantial profits from its Bitcoin holdings, reportedly making $500 million a day as Bitcoin nears $100,000.\nThis has contributed to a surge in MicroStrategy’s stock, which has increased by 465% year-to-date, significantly impacting ETFs linked to its performance, as noted in a recent report.\nMicroStrategy’s recent $3 billion offering of 0% convertible senior notes, completed swiftly, underscores investor confidence in its strategy. These notes offer no interest but allow participation in the equity upside, reflecting the market’s appetite for exposure to MicroStrategy’s Bitcoin-driven growth.\nPrice Action: Bitcoin was hovering at $96,776 at the time of writing, up by 0.46% in the last 24 hours, according to Benzinga Pro data.\nMicroStrategy’s stock closed at $387.47 on Friday, falling slightly by 0.35%. Year-to-date, the stock has gained 465%.\nThe MicroStrategy stock has a consensus rating of “Buy,” according to Benzinga Pro data. The highest price target is $690, while the consensus price target is $449.50, implying a 16% upside.\nRead Next: \n\nBitcoin, Ethereum, Dogecoin Simmer Down On Thanksgiving: Analyst Sees ‘Significant Shift’ From BTC Season To Alt Season\n\nDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\nPhoto courtesy: MicroStrategyMarket News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}