btc is expected to have a rebound
According to Reuters, despite facing increasing scrutiny from the outside due to a large accumulation of Bitcoin, Strategy (formerly MicroStrategy) will continue to remain as a constituent in the Nasdaq 100 index. The results of this year's index adjustment confirm that Strategy has not been removed, and its position will be retained after the new round of adjustments takes effect.
Reports indicate that the market's focus on Strategy is mainly concentrated on its business model, which heavily relies on Bitcoin price fluctuations, but this has not affected its current standing in the Nasdaq 100.
Previously, the market was concerned that MicroStrategy would be removed from the Nasdaq 100 index, leading to passive selling of Bitcoin by cryptocurrency companies; now that the situation has been clarified, previously hesitant funds are likely to re-enter the market.
