The coveted addition could result in a major boost for the stock
According to Polymarket users, there is currently a 77% chance that the firm will be added to the aforementioned index. that he was unsure whether his company would end up being included in the index."This is something that we have no control over, it's above my paygrade. It will either happen or won't happen," he said The Nasdaq-100 index, which boasts a market cap of $27.85 trillion, includes such major companies like Alphabet, Meta, and Airbnb.
The likely addition of MicroStrategy to the Nasdaq-100 means that ETFs with roughly $350 billion worth of assets under management will now have to buy the company's shares. , MicroStrategy appeared among the top 100 biggest companies by market capitalization last year, inching closer to surpassing chip giant Intel. As reported by U.Today, MicroStrategy is expected to join data analytics firm Palantir among newly added companies.
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