MicroStrategy's inclusion in the Nasdaq 100 index is seen as a significant move for institutional adoption of Bitcoin. Despite a recent dip in MicroStrategy's stock price, analysts believe its inclusion in the index will attract massive funds from ETFs. There is speculation that MicroStrategy could also land itself in the S&P 500 in the future. The company's plan to adopt new accounting guidance on how Bitcoin is accounted for on its balance sheet could lead to positive earnings. The trend of companies holding Bitcoin as a treasury asset is growing, with Bitwise proposing a Bitcoin Standard Corporations ETF. Other companies, such as Marathon Digital, Hut 8, Riot Platforms, and CleanSpark, also hold significant amounts of BTC.



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