CandleFocus

MicroStrategy must perform today for its NASDAQ 100 snapshot

Today, the Nasdaq-100 is conducting its eligibility snapshot, evaluating companies for possible inclusion in the index. One company being considered is MicroStrategy, a bitcoin acquisition company led by Michael Saylor. MicroStrategy's involvement in bitcoin has attracted a passionate community of leveraged bitcoin investors. Despite concerns about whether MicroStrategy meets the index's non-financial requirement, the company meets most of the security eligibility criteria. The decision on MicroStrategy's inclusion in the Nasdaq-100 will be announced on December 13, 2024, after 4pm New York time.

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