MicroStrategy Eyes Bitcoin Acquisition After Nasdaq-100 Inclusion

Michael Saylor, co-founder of MicroStrategy, has sparked speculation about another major Bitcoin acquisition. This follows the company's recent

Michael Saylor, co-founder and former CEO of business intelligence firm MicroStrategy, has hinted at another major Bitcoin acquisition by the company.

This comes hot on the heels of MicroStrategy’s recent inclusion in the Nasdaq-100 Index, a significant milestone in the company’s journey that highlights its growing influence in the tech and financial sectors.

Bitcoin Acquisition on the Horizon?

On Dec. 15, Saylor took to Twitter to ask his followers a cryptic question. He shared a screenshot of the SaylorTracker, a portfolio tracker that highlights each Bitcoin acquisition made by the company. Notably, these acquisitions are usually marked with a green color in the tracker.

However, as Saylor points out in his tweet, one might wonder if the tracker is missing a green marker, alluding to a possible new Bitcoin acquisition that has yet to be officially announced.

This cryptic hint has sparked speculation within the crypto community, leading many to believe that another large-scale Bitcoin purchase by MicroStrategy could be imminent.

Over the past five weeks, Saylor has dropped subtle hints on social media about Bitcoin purchases, which were later followed by official announcements of large-scale acquisitions by the subsequent Monday.

During this time, MicroStrategy rapidly expanded its Bitcoin holdings, adding over 171,000 BTC to its portfolio, an investment that now exceeds $15 billion.

If a new acquisition is confirmed, it would also mark MicroStrategy’s first Bitcoin purchase since its inclusion in the Nasdaq-100 Index on Dec. 13.

This inclusion has been met with much excitement from the crypto community, as it could potentially pave the way for MicroStrategy to be included in the S&P 500, which tracks the performance of the 500 largest companies in the United States.

According to James Van Straten of CoinDesk, the only remaining criterion for MicroStrategy to be included in the S&P 500 is achieving positive earnings over the past four quarters.

“On a theoretical basis, once FASB is implemented in Q1 2025 and with a BTC price of $120,000 and no increase to their BTC holdings, MSTR will have $25 billion of net income. MSTR could be included as early as Q2 2025,” Van Straten predicted.

Marathon Digital Eyes Nasdaq-100 Entry

As MicroStrategy cements its position among the “Nasdaq 100 Magnificent Seven,” another company is working hard to follow suit. Marathon Digital Holdings, a large-scale Bitcoin miner, is making a strong push to join the prestigious index.

Interestingly, Saylor has tipped Marathon to be the next likely Bitcoin-focused firm to secure a Nasdaq-100 spot. In a Dec. 14 post, he responded to a congratulatory message from Marathon CEO Fred Thiel, expressing confidence in the company’s upward trajectory.

“Thanks Fred. I expect MARA will be the next,” Saylor stated in the post.

While Marathon still faces a challenging road ahead, considering that it currently has a market capitalization below $10 billion, which is significantly lower than the figures MicroStrategy achieved prior to its inclusion, the company is certainly making waves with its Bitcoin strategy.

In fact, Marathon has been aggressively expanding its Bitcoin strategy, spending over $1 billion this month alone to increase its reserves to 40,435 BTC, which are now valued at nearly $3.9 billion.

This acquisition also solidifies Marathon’s position as the second-largest corporate Bitcoin holder, trailing only MicroStrategy. As the company continues to grow its Bitcoin portfolio, it is becoming a key contender in the evolving landscape of institutional crypto investment.