MicroStrategy’s (MSTR) potential ranking could weigh around 0.3-0.45% which would result in an approximate of $1 billion in passive inflows into the stock.
This would guarantee new money flowing into Michael Saylor's stock and would bring more bitcoin into an important TradFi benchmark.MicroStrategy, Michael Saylor's bitcoin-buying corporation, looks like it might get added to the Nasdaq-100 Index and, therefore, the $312 billion Invesco QQQ ETF .Membership would "open up flows to a new class of investors that would not otherwise have singularly bought a stock like MSTR on their own," one expert said.
This conveys more than bragging rights; it's membership in an exclusive club alongside giants like Nvidia , Apple and Microsoft in an ETF that regularly boosts daily trading volume in the tens of billions of dollars. It guarantees passive, permanent capital will flow in. "For millions of passive investors, owning ETFs like QQQ will provide indirect bitcoin exposure to their portfolios through MicroStrategy's holdings," said Ben Werkman, founder of quant research firm NumerisX. "Since these funds are often buyers at any price, their participation has the ability to potentially exert significant upward pressure on the price of the equity."
A potential wrinkle: Will the Nasdaq committee that makes this decision still consider MicroStrategy a non-financial company, said Mark Palmer, managing director of The Benchmark Co. Has it strayed too far from its software roots?
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