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MicroStrategy Joins Nasdaq-100
MicroStrategy's inclusion in the Nasdaq-100 index in December 2024 forced passive index funds to automatically purchase its stock, driving a 458% single-year gain, outperforming Bitcoin's 130% rise that year. The company held 446,400 Bitcoin worth $44 billion, making it the world's largest corporate Bitcoin holder by a factor of ten and inspiring a wave of corporate Bitcoin treasury strategies from other public companies.
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