Reuters: Strategy will remain in the Nasdaq 100 index.
TL;DR
Reuters reports that Strategy (formerly MicroStrategy) will stay in the Nasdaq 100 index despite scrutiny over its Bitcoin holdings. The annual review confirms its retention, with market focus on its Bitcoin-dependent business not affecting its index status.
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According to a Reuters report, Strategy (formerly MicroStrategy) will remain a component of the Nasdaq 100 index despite increasing scrutiny over its large Bitcoin hoarding. The annual index review confirms that Strategy has not been removed and its position will be retained after the next round of adjustments. The report points out that market attention on Strategy has primarily focused on its business model, which is highly dependent on Bitcoin price fluctuations, but this has not affected its current status in the Nasdaq 100.