MicroStrategy's inclusion in the Nasdaq 100 allows the index to gain indirect exposure to bitcoin through its holdings, potentially attracting more investment and driving the stock price up.
"ETFs such as QQQ would buy MicroStrategy to mirror holdings of the index, therefore driving up the price, allowing MicroStrategy to purchase more BTC through debt, bond and equity offerings."
The company's stock has surged 3,200% since it adopted bitcoin as its primary treasury asset in 2020 despite reporting a net loss of $340 million in its latest quarter.
This could be the start of a looping cycle of capital that may potentially drive up the spot BTC price and enhance MicroStrategy's purchasing power.
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