According to Reuters, Bitcoin treasury company Strategy will continue to remain in the Nasdaq 100 Index and extend its position in the index for another 12 months. Strategy began transitioning into a Bitcoin investment company in 2020 and was included in the technology subcategory of the Nasdaq 100 Index last December. With 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 next year 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 continue to remain in the Nasdaq 100 Index and extend its position in the index for another 12 months. Strategy began transitioning into a Bitcoin investment company in 2020 and was included in the technology subcategory of the Nasdaq 100 Index last December. With 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 next year whether to exclude Strategy and similar companies from its benchmark indices. This adjustment by Nasdaq will take effect on December 22.