MicroStrategy founder and renowned Bitcoin advocate Michael Saylor has predicted that MARA Holdings, a leading Bitcoin mining firm, will soon join the prestigious Nasdaq 100 index.
Saylor made this statement in response to a congratulatory message from MARA Holdings’ Chairman and CEO, Fred Thiel, who lauded MicroStrategy’s recent inclusion in the Nasdaq 100.
“Thanks, Fred. I expect $MARA will be the next,” Saylor commented in a Dec. 14 post on X.
MicroStrategy Joins Nasdaq 100
MicroStrategy’s addition to the Nasdaq 100 marks a significant milestone, reflecting its influence as a top-tier company. The inclusion, effective Dec. 23, highlights the firm’s strong market performance, with a market capitalization of $94.77 billion as of Dec. 13.
The Nasdaq 100 represents the top 100 non-financial companies listed on the Nasdaq exchange by market cap, signaling a company’s financial strength and growth potential.
Fred Thiel acknowledged Saylor’s prediction about MARA Holdings, stating, “We’re working hard to get there.”
MARA’s Financial Moves and Stock Momentum
MARA Holdings is making strides toward achieving this goal, backed by notable financial achievements:
- Massive Bitcoin Acquisition: On Dec. 10, MARA announced it had acquired 11,774 BTC for approximately $1.1 billion, bringing its total Bitcoin holdings to 40,435 BTC, valued at $3.9 billion.
- Stock Growth: MARA’s stock closed at $22.73 on Dec. 13, reflecting a 16.74% increase over the past six months.
These moves demonstrate MARA’s aggressive approach to solidifying its position in the crypto market.
MicroStrategy’s Unwavering Bitcoin Strategy
MicroStrategy continues to lead the Bitcoin adoption charge:
- Between Dec. 2 and 8, the company acquired 21,550 BTC for $2.1 billion, averaging $98,783 per Bitcoin.
- This purchase brought MicroStrategy’s total Bitcoin holdings to 423,650 BTC, valued at $41.5 billion.
MicroStrategy’s stock has also seen substantial growth, closing at $408.67 on Dec. 13, up 173.27% in six months.
MARA’s Vision and Advocacy
Beyond its financial milestones, MARA Holdings is advocating for stronger U.S. leadership in Bitcoin and mining, framing it as a national security issue.
On Nov. 26, MARA emphasized the importance of securing dominance in the Bitcoin mining sector to ensure the country’s competitive edge.
Bitcoin Firms Gaining Influence in the Nasdaq 100
MicroStrategy’s inclusion in the Nasdaq 100 comes amid growing recognition of Bitcoin-focused firms. The reshuffling of the index reflects the dynamic nature of the market, with Illumina, Super Micro Computer, and Moderna being replaced by companies like MicroStrategy.
As Bitcoin adoption expands globally, firms like MARA and MicroStrategy are setting benchmarks in both the financial and technological domains.
Stay Updated with CentBit.Online
For the latest news and expert insights on Bitcoin, blockchain, and crypto markets, visit CentBit.Online—your trusted source for crypto expertise in Bangladesh.
(SEO Optimized by CentBit.Online – Crypto & Blockchain Expert Bangladesh)
