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MicroStrategy stock jumped nearly 5% Monday as investors reacted to the company’s latest bitcoin purchase and its upcoming addition to the Nasdaq 100. The software firm-turned-bitcoin whale said ...
The firm's stock is up 575% this year, far outpacing bitcoin's 145% gain. Microstrategy got a boost on Monday following the news that the bitcoin whale is joining the Nasdaq 100, putting it on the ...
*Stock Advisor returns as of December 2, 2024. Dominic Basulto has positions in Bitcoin, Ethereum, and Solana. The Motley Fool has positions in and recommends Bitcoin, Chainlink, Ethereum, Render ...
Investor sentiment also got a lift from the inclusion of MicroStrategy into the tech-heavy Nasdaq 100 index that will likely lead to more inflows for the software firm turned bitcoin buyer.
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A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock or security on a particular stock exchange. Ticker symbols are arrangements of symbols or characters (generally Latin letters or digits) which provide a shorthand for investors to refer to, purchase, and research securities.
A Nasdaq 100 inclusion could spur more gains for MicroStrategy, whose bitcoin holding was valued at about $42 billion, as more investment firms include the stock in their portfolios to accurately ...
Analysts have said MicroStrategy's decision to purchase bitcoin to protect the value of its reserve assets has enhanced the appeal of its stock, which tends to align with the performance of the ...