COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: MicroStrategy Joins MSCI World Index
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Bitcoin (BTC) > MicroStrategy Joins MSCI World Index
Bitcoin (BTC)

MicroStrategy Joins MSCI World Index

In Brief

  • MicroStrategy joins the MSCI World Index starting May 31.

  • MicroStrategy holds approximately 214,400 BTC valued at $13.5 billion.

  • MicroStrategy plans to launch a Bitcoin-based decentralized identity solution.

COINTURK NEWS
COINTURK NEWS 1 year ago
Share
SHARE

The American software company MicroStrategy, known for its significant Bitcoin (BTC) investments, has once again made headlines. With a BTC reserve currently valued at $13.5 billion, MicroStrategy is set to join the prestigious MSCI World Index starting May 31. This move follows a notable increase of over 87% in MicroStrategy’s stock price to date.

Contents
MicroStrategy’s Addition to MSCI World Index and BitcoinBillions Follow the MSCI World Index

MicroStrategy’s Addition to MSCI World Index and Bitcoin

MicroStrategy’s inclusion in the MSCI World Index is evidence of its growing influence in the global stock market. MSCI, a leading provider of investment decision support tools, acknowledged MicroStrategy as one of the top three additions to its index by market value. This recognition is a result of MicroStrategy’s significant presence in the financial world.

Meanwhile, MicroStrategy’s rise in the stock market parallels its strategic Bitcoin investments. With its latest acquisitions, increasing its Bitcoin holdings to approximately 214,400 BTC valued at around $13.5 billion, MicroStrategy continues to assert its strength as a major player in the cryptocurrency market. Notably, the company’s Bitcoin purchases, at an average cost of $35,180 per BTC, currently face a significant unrealized gain of about $6 billion.

The remarkable performance of MicroStrategy shares is closely linked to the trajectory of the cryptocurrency market. Since hitting rock bottom along with the crypto market in December 2022, MicroStrategy shares have increased in value more than eightfold. Considering Bitcoin’s impressive 45% rise in 2024, this outstanding performance is particularly noteworthy.

MicroStrategy’s growing reputation as a Bitcoin proxy has enabled traditional market investors to invest in the largest cryptocurrency. With its substantial BTC holdings, representing over 1% of the total Bitcoin supply, MicroStrategy has become a preferred option for indirect Bitcoin investment in the traditional investment world.

Billions Follow the MSCI World Index

MicroStrategy’s inclusion in the MSCI World Index reflects the increasing integration of Bitcoin investment into traditional investment portfolios. As billions of dollars track or benchmark against the MSCI World Index, MicroStrategy’s addition signifies growing acceptance of cryptocurrency investment among mainstream investors. Furthermore, with the recent launch of spot Bitcoin exchange traded funds (ETFs) in the U.S., this trend is expected to accelerate.

Additionally, MicroStrategy continues to innovate in the cryptocurrency market alongside its Bitcoin investments. The company recently announced plans to launch a Bitcoin-based decentralized identity solution, further solidifying its pioneering position at the intersection of Blockchain technology and traditional finance.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

James Howells Relentlessly Hunts for Millions in Misplaced Bitcoin

Arthur Hayes Predicts a Significant Bitcoin Surge

Investors Flock to Spot Bitcoin ETFs With Billions in New Funding

Bitcoin Surpasses Expectations While Traditional Markets Falter

Bitcoin Faces Triple Threat as Market Signals Turn Negative

COINTURK NEWS 15 May, 2024 - 5:25 pm 15 May, 2024 - 5:25 pm
Share This Article
Facebook Twitter
Share
Previous Article Analysts Predict Bitcoin Movements Amid Market Fluctuations
Next Article Bitcoin and Litecoin Prices Face Potential Declines
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Cryptocurrency Takes Center Stage with Exciting Price Movements
Technical Analysis
XRP Coin Surges with a Bold Price Projection
Ripple (XRP)
Experience the Real-World Power of Cryptocurrencies with Ripple’s Innovative Pilot
Ripple (XRP)
Experts Predict Next Moves for SOL, SUI, and S Coin
Technical Analysis
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?