MicroStrategy 在纳斯达克 100 指数的首次亮相标志着加密货币的里程碑

继 Illumina、Super Micro Computer 和 Moderna 被剔除之后，MicroStrategy 也被纳入该指数，Palantir Technologies 和 Axon Enterprise 也加入了该指数。

MicroStrategy, the Nasdaq-listed business intelligence firm, will join the Nasdaq-100 Index on December 23, marking a significant milestone for crypto-related companies.

纳斯达克上市的商业智能公司 MicroStrategy 将于 12 月 23 日加入纳斯达克 100 指数，这对于加密货币相关公司来说是一个重要的里程碑。

The Nasdaq-100 tracks the top 100 non-financial firms listed on the Nasdaq exchange, including Apple, Microsoft, Tesla, and Nvidia. MicroStrategy’s addition to this elite group highlights the growing institutional recognition of crypto.

Nasdaq-100 追踪在纳斯达克交易所上市的前 100 家非金融公司，包括苹果、微软、特斯拉和英伟达。 MicroStrategy 加入这个精英群体凸显了机构对加密货币日益增长的认可。

This move follows the removal of Illumina, Super Micro Computer, and Moderna from the index, while Palantir Technologies and Axon Enterprise are also joining.

在此之前，Illumina、Super Micro Computer 和 Moderna 从指数中剔除，而 Palantir Technologies 和 Axon Enterprise 也加入了该指数。

Exchange-traded funds (ETFs) that follow the Nasdaq-100, such as the Invesco QQQ, will now include MicroStrategy in their portfolios. This will amplify the company’s exposure to passive investments and deepen its link to Bitcoin’s performance.

遵循 Nasdaq-100 指数的交易所交易基金 (ETF)，例如 Invesco QQQ，现在将在其投资组合中纳入 MicroStrategy。这将扩大该公司被动投资的敞口，并加深其与比特币表现的联系。

Financial analysts view this development as crucial. Rajat Soni noted that MicroStrategy’s stock benefits from Bitcoin’s upward trajectory, creating a cycle where increased passive investment inflows could boost its capital-raising ability, enabling the company to buy more Bitcoin.

金融分析师认为这一发展至关重要。 Rajat Soni 指出，MicroStrategy 的股票受益于比特币的上涨轨迹，创造了一个循环，被动投资流入的增加可以提高其融资能力，使该公司能够购买更多的比特币。

“As Bitcoin’s price rises, MicroStrategy’s stock price rises, and its ranking in the NASDAQ rises. [This] means the allocation to its stock rises and more money has to passively flow into MSTR. MicroStrategy can then issue more debt and buy more Bitcoin,” Soni stated.

“随着比特币价格上涨，MicroStrategy 的股价上涨，其在纳斯达克的排名也随之上升。 [这]意味着其股票配置增加，更多资金必须被动流入MSTR。然后 MicroStrategy 可以发行更多债务并购买更多比特币。”Soni 表示。

However, some caution remains. Bloomberg ETF analyst James Seyffart warned that MicroStrategy may face reclassification as a financial entity by March, which could lead to its removal from the index. This reclassification risk arises from the company’s heavy reliance on Bitcoin for its valuation instead of its core business operations.

然而，仍需谨慎。彭博 ETF 分析师 James Seyffart 警告称，MicroStrategy 可能会在 3 月份之前面临被重新分类为金融实体的情况，这可能导致其从该指数中删除。这种重新分类风险源于该公司严重依赖比特币进行估值，而不是其核心业务运营。

MicroStrategy’s transformation has revolved around Bitcoin as its main treasury asset. The company now holds over 423,650 BTC, valued at around $43.18 billion. Notably, 40% of this total was acquired in the last month, showcasing its aggressive approach to cryptocurrency accumulation.

MicroStrategy 的转型围绕着比特币作为其主要财务资产。该公司目前持有超过 423,650 枚比特币，价值约 431.8 亿美元。值得注意的是，其中 40% 是在上个月收购的，展示了其积极积累加密货币的方法。

Meanwhile, Executive Chairman Michael Saylor credits the company’s success to its Bitcoin-centric strategy. Over the last four years, MicroStrategy’s stock has risen by 124%, outpacing major benchmarks like the S&P 500.

与此同时，执行主席 Michael Saylor 将公司的成功归功于其以比特币为中心的战略。过去四年中，MicroStrategy 的股价上涨了 124%，超过了标准普尔 500 指数等主要基准指数。

Saylor has highlighted that Bitcoin adoption has strengthened the company’s competitive position, cementing its role as a leader in the evolving financial ecosystem.

Saylor 强调，比特币的采用增强了该公司的竞争地位，巩固了其在不断发展的金融生态系统中的领导者地位。