CandleFocus

MSTR to enter Nasdaq 100? We’ll know soon.

Author: Content Editor
MicroStrategy, a company with a market capitalization of around $95 billion, could potentially be included in the Nasdaq 100 index later this month. The decision depends on the company's ICB classification and whether its bitcoin investments make it a "financial" stock. Analysts believe that inclusion in the index could lead to a boost in the company's stock price and bring in more investors, increasing its long-term access to capital. However, there is uncertainty about whether MicroStrategy will be included in the index. TD Cowen analysts have raised their price target for the stock, regardless of whether it is included or not.

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