According to Reuters, Bitcoin treasury company Strategy will remain in the Nasdaq 100 index and extend its position in the index until December. Strategy began transforming into a Bitcoin investment company in 2020 and was included in the technology subcategory of the Nasdaq 100 index last December. Due to the impact of Bitcoin price fluctuations, the market has expressed doubts about the sustainability of crypto asset companies, especially Bitcoin reserve companies. Global index provider MSCI will also decide in January whether to exclude Strategy and similar companies from its benchmark indices. This adjustment by Nasdaq will take effect on December 22.
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According to Reuters, Bitcoin treasury company Strategy will remain in the Nasdaq 100 index and extend its position in the index until December. Strategy began transforming into a Bitcoin investment company in 2020 and was included in the technology subcategory of the Nasdaq 100 index last December. Due to the impact of Bitcoin price fluctuations, the market has expressed doubts about the sustainability of crypto asset companies, especially Bitcoin reserve companies. Global index provider MSCI will also decide in January whether to exclude Strategy and similar companies from its benchmark indices. This adjustment by Nasdaq will take effect on December 22.