MicroStrategy Holds Nasdaq 100 Spot as MSCI Eyes Bitcoin-Heavy Firms for Exclusion

Strategy shares down 15% over the past month.

Market reactions have been mixed; while the Nasdaq retention provides short-term stability, Strategy‘s shares closed down 3.74% on rebalance day and have declined over 15% in the preceding month. This downtrend reflects broader concerns about volatility in crypto markets and the sustainability of the company’s debt-financed Bitcoin purchases. Financial analysts from sources like Reuters have observed that such trends could pressure liquidity if Bitcoin prices fluctuate significantly.

Strategy Raises $1.4 Billion to Address Financial Concerns

In response to fears over its ability to service dividends and debt amid declining share prices, Strategy secured $1.44 billion through capital-raising efforts. CEO Phong Le highlighted this move as a direct counter to “FUD” (fear, uncertainty, and doubt) that had fueled short positions against Bitcoin bets. The funds aim to strengthen the balance sheet, ensuring obligations are met even in adverse market conditions.

At the Bitcoin MENA conference in Abu Dhabi, Michael Saylor engaged with institutional investors, including sovereign wealth funds, bankers, and family offices. He promoted Bitcoin as “digital capital” and “digital gold,” proposing a “digital credit” framework to offer yields with reduced volatility. This initiative seeks to attract more institutional inflows into crypto, aligning with Strategys long-term vision of integrating digital assets into mainstream finance.

Broader industry trends show corporate Bitcoin treasuries pausing in the fourth quarter of 2025, yet major holders like Strategy persist in accumulating. This resilience amid regulatory headwinds demonstrates the firm‘s commitment, though experts caution that sustained index inclusion will depend on MSCI’s final classification decisions.

Frequently Asked QuestionsWhat Are Strategys Total Bitcoin Holdings After the Latest Purchase？

Strategy now holds 660,624 Bitcoin following its acquisition of 10,624 BTC for $962.7 million. This makes it the top corporate holder, with assets valued at approximately $60 billion, reflecting a strategic focus on digital asset accumulation to drive enterprise value.

Why Did Strategys Shares Decline Despite Nasdaq 100 Retention？

Strategys stock fell 3.74% on rebalance day and over 15% in the past month due to ongoing market skepticism about its heavy Bitcoin reliance and potential MSCI exclusions. Investors are weighing the benefits of crypto exposure against rising debt and volatility risks in the current economic climate.

Key Takeaways

• Nasdaq 100 Retention: Strategys successful rebalance test solidifies its benchmark status, but MSCI reviews pose future risks to inclusion.
• Bitcoin Strategy: With 660,624 BTC holdings, the firm exemplifies corporate crypto adoption, backed by $1.44 billion in recent fundraising.
• Institutional Outreach: Engage with Bitcoins potential as digital capital to mitigate volatility and attract global investors.