(cache)MicroStrategy’s Nasdaq Inclusion Is An Endorsement Of Its Leveraged Bet (NASDAQ:MSTR)

Summary

MicroStrategy's inclusion in the Nasdaq-100 and its massive Bitcoin holdings, now the second largest globally, drive its stock's impressive performance.
The company's leveraged strategy to accumulate Bitcoin increases Bitcoin per share, now at ~0.94 BTC per share, enhancing shareholder value despite traditional valuation metrics suggesting otherwise.
Risks include Bitcoin price volatility and potential stock price drops below convertible bond conversion prices, which could pressure MicroStrategy's leveraged strategy.
Despite risks, I recommend a Buy on MicroStrategy due to its unique approach to leveraging Bitcoin holdings for shareholder value.

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MicroStrategy Incorporated (NASDAQ:MSTR) is a company that has surged in popularity for two key reasons.

Last week, the company was formally inducted into the Nasdaq-100 tech index, and the reconstituted index will formally begin trading with MicroStrategy as

Symbol	Last Price	% Chg
MSTR MicroStrategy Incorporated	433.98	6.19%