MicroStrategy to be added to main stock index

MicroStrategy to be added to main stock index

MicroStrategy (MSTR) stock has been aggregate to the MSCI World index, which includes large and mid-cap companies in 23 developed markets.


MicroStrategy (MSTR) stock has been aggregate to the MSCI World index, which includes large and mid-cap companies in 23 developed markets.

The company’s shares have risen more than 105.44% since the beginning of the year, far outperforming Bitcoin.

US companies represent more than 70% of the MSCI World index. Japan and the United Kingdom come second and third, respectively (6.06% and 4%). When it comes to specific sectors, information technology leads with a 23.22% slice of the pie. Finance, healthcare and industry are also at the forefront.

BlockTower capital drained by scammers

MicroStrategy’s market capitalization currently stands at $23.02 billion after its shares rose 4% on Tuesday to nearly $1,300 per share. Still, the stock is down substantially from its 2024 high of $1,919.

The business intelligence company, which went public in 1998, hit its current all-time high of $3,130 in March 2000, during the peak of the dot-com bubble. The stock ended up crashing to just $5 within a year. After two decades under the radar, Saylor managed to revive his company by making a bold bet on Bitcoin that finally paid off.

Bitcoin instead of MicroStrategy?

While MicroStrategy has shown incredible performance this year, not everyone is excited.

As Guru-Investingreported, famous CNBC host Jim Cramer recently urged his viewers not to buy the company’s stock. According to Cramer, those who want exposure to Bitcoin should opt for the underlying asset.

Bitcoin Supporter MicroStrategy Now Profitable Again

Growing institutional adoption

Meanwhile, Bitcoin bull Michael Saylor recently foretold that all pension funds “will need some Bitcoin.”

This came after the Wisconsin State Investment Board (SWIB) revealed that it had acquired nearly $100 million in IBIT shares from BlackRock.

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