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Bitcoin's 30-day price correlation with the NASDAQ 100 (NDX) has surged to 70%, a level seen only twice before, according to a recent analysis by Matrixport. This high correlation suggests that ...
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MicroStrategy gives back earlier gains following bitcoin proxy's inclusion in Nasdaq-100 index and 'QQQ' ETFShares of MicroStrategy were higher Monday after Nasdaq announced the bitcoin proxy will join the tech-heavy Nasdaq-100 index. The addition also means MicroStrategy will be included in the popular ...
MicroStrategy MSTR, the world’s largest Bitcoin hoarder, is set to join the Nasdaq 100 index on Dec. 23. The move will offer the cryptocurrency more exposure in the tech-heavy market.
MicroStrategy, which has become a play on bitcoin, will be joining the Nasdaq 100 index, effective Dec. 23. Exchange-traded funds that follow the index – including the popular Invesco QQQ Trust ...
(Reuters) - A meteoric rise in MicroStrategy's shares has made the bitcoin hoarder a likely candidate for the tech-heavy Nasdaq 100 index ahead of an annual reshuffle this week. The loss-making ...
after the software company and bitcoin stockpiler was selected to join the tech-heavy Nasdaq 100 index, further brightening the prospects of the stock. The $25.7 trillion index that houses the ...
The purchases follow Friday’s announcement that MicroStrategy will be included in the Nasdaq 100 Index next week. It owns about $45 billion in Bitcoin.
MicroStrategy (MSTR.O), opens new tab will be added to the tech-heavy Nasdaq-100 Index, the exchange operator said on Friday, following a meteoric surge in the shares of the bitcoin buyer.
Shares of MicroStrategy were higher Monday after Nasdaq announced the bitcoin proxy will join the tech-heavy Nasdaq-100 index. The stock was last lower by less than 1%, after jumping as much as 7% ...
MicroStrategy, the preferred high beta play on the price of bitcoin, will join the Nasdaq 100 index, a move that could further increase demand for the controversial stock that has been on a torrid ...
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