MicroStrategy (MSTR) will officially join the Nasdaq 100 Index on December 23, 2024, becoming the first bitcoin company to be included in the index. Analysts expect this to result in passive buying of ETFs of around $2.10 billion, boosting market liquidity. Although the company has not yet met the S & P 500 profitability criteria, MicroStrategy is expected to be included in the S & P 500 quarterly adjustment in June 2025 after the new accounting standards take effect in January 2025. The company currently holds 439,000 bitcoins worth over $45 billion.