MicroStrategy's Bitcoin Strategy Secures Nasdaq Spot

MicroStrategy, a software company turned Bitcoin investor, has maintained its spot in the Nasdaq one hundred index for a year, despite debates about its unique business model. Its pioneering approach has inspired other companies, but also raised concerns about stock price volatility due to Bitcoins unpredictability. Meanwhile, several companies were removed, including Biogen and Lululemon Athletica, while new additions like Alnylam Pharmaceuticals and Western Digital reflect market shifts.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.