MicroStrategy 進入納斯達克 100 指數，向更多投資者展示其比特幣國債

納斯達克 100 指數追蹤納斯達克交易所最大的 100 家公司。所包括的公司通常是被動資金流的接收者

MicroStrategy (NASDAQ:MSTR) stock price soared on Friday after the Nasdaq announced that it will be adding the company to the Nasdaq 100 index. The decision comes after a stellar year for MicroStrategy, with its stock price rising by over 500% year-to-date.

在納斯達克宣布將把該公司納入納斯達克 100 指數後，MicroStrategy (NASDAQ:MSTR) 週五飆升。這項決定是在 MicroStrategy 經歷了輝煌的一年之後做出的，其股價今年迄今上漲了 500% 以上。

The Nasdaq 100 index tracks the 100 largest companies on the Nasdaq exchange. The companies included are usually recipients of passive fund flows from popular ETFs.

納斯達克 100 指數追蹤納斯達克交易所最大的 100 家公司。這些公司通常是熱門 ETF 被動資金流的接收者。

With a market capitalisation of $97.94 billion, MicroStrategy is the 40th largest company on the Nasdaq exchange, largely due to its massive Bitcoin treasury.

MicroStrategy 的市值為 979.4 億美元，是納斯達克交易所第 40 大公司，這主要歸功於其龐大的比特幣金庫。

The company’s share price has risen 505% since the start of the year, ballooning its market capitalisation from roughly $15 billion on Jan. 2 to its current value.

自今年年初以來，該公司的股價已上漲 505%，其市值從 1 月 2 日的約 150 億美元飆升至目前的價值。

MicroStrategy’s stock price performance this year is mainly attributed to its Bitcoin buying efforts, which spanned from August 2020 to December 2024 and have transformed the company into a quasi-Bitcoin ETF.

MicroStrategy 今年的股價表現主要歸功於其從 2020 年 8 月到 2024 年 12 月期間的比特幣購買努力，並將該公司轉變為準比特幣 ETF。

In total, the company has spent $23.41 billion on Bitcoin at an average price of $58,200 mainly by issuing debt notes. Its Bitcoin stash is valued at $42 billion at market prices at the time of publishing.

該公司總共花費了 234.1 億美元購買比特幣，平均價格為 58,200 美元，主要透過發行債務票據的方式。以本文發佈時的市場價格計算，其比特幣儲備價值 420 億美元。

MSTR’s inclusion in the NAS100 will expose it to more investors and funds that invest in the Nasdaq index. The largest fund that does this is Invesco’s QQQ trust with an AUM of $352 billion, but other funds holding billions of dollars also invest in the companies in the NAS100, like the iShares NASDAQ 100 UCITS ETF.

MSTR納入NAS100將使其接觸到更多投資納斯達克指數的投資者和基金。這樣做的最大基金是 Invesco 的 QQQ 信託，管理規模為 3520 億美元，但其他持有數十億美元的基金也投資於 NAS100 中的公司，例如 iShares NASDAQ 100 UCITS ETF。

However, it is worth noting that not all companies in the Nasdaq 100 carry equal weighting. For example, Invesco’s QQQ ETF allocates roughly 53.1% of its portfolio to the top 10 companies on the Nasdaq exchange, while the remainder is distributed among the other 90 companies.

然而，值得注意的是，並非納斯達克 100 指數中的所有公司都具有相同的權重。例如，Invesco 的 QQQ ETF 將其投資組合的大約 53.1% 配置給納斯達克交易所前 10 家公司，其餘的則分配給其他 90 家公司。

Nonetheless, 0.1% of a $352 billion pie is still significant.

儘管如此，3,520 億美元蛋糕中的 0.1% 仍然很重要。

MicroStrategy stock price soared on Friday after the Nasdaq announced that it will be adding the company to the Nasdaq 100 index. The decision comes after a stellar year for MicroStrategy, with its stock price rising by over 500% year-to-date.

週五，在納斯達克宣布將該公司納入納斯達克 100 指數後，MicroStrategy 股價飆升。這項決定是在 MicroStrategy 經歷了輝煌的一年之後做出的，其股價今年迄今上漲了 500% 以上。

The Nasdaq 100 index tracks the 100 largest companies on the Nasdaq exchange. The companies included are usually recipients of passive fund flows from popular ETFs.

納斯達克 100 指數追蹤納斯達克交易所最大的 100 家公司。這些公司通常是熱門 ETF 被動資金流的接收者。

With a market capitalisation of $97.94 billion, MicroStrategy is the 40th largest company on the Nasdaq exchange, largely due to its massive Bitcoin treasury.

MicroStrategy 的市值為 979.4 億美元，是納斯達克交易所第 40 大公司，這主要歸功於其龐大的比特幣金庫。

The company’s share price has risen 505% since the start of the year, ballooning its market capitalisation from roughly $15 billion on Jan. 2 to its current value.

自今年年初以來，該公司的股價已上漲 505%，其市值從 1 月 2 日的約 150 億美元飆升至目前的價值。

MicroStrategy's stock price performance this year is mainly attributed to its Bitcoin buying efforts, which spanned from August 2020 to December 2024 and have transformed the company into a quasi-Bitcoin ETF.

MicroStrategy 今年的股價表現主要歸功於其從 2020 年 8 月到 2024 年 12 月期間的比特幣購買努力，並將該公司轉變為準比特幣 ETF。

In total, the company has spent $23.41 billion on Bitcoin at an average price of $58,200 mainly by issuing debt notes. Its Bitcoin stash is valued at $42 billion at market prices at the time of publishing.

該公司總共花費了 234.1 億美元購買比特幣，平均價格為 58,200 美元，主要透過發行債務票據的方式。以本文發佈時的市場價格計算，其比特幣儲備價值 420 億美元。

MSTR's inclusion in the NAS100 will expose it to more investors and funds that invest in the Nasdaq index. The largest fund that does this is Invesco’s QQQ trust with an AUM of $352 billion, but other funds holding billions of dollars also invest in the companies in the NAS100, like the iShares NASDAQ 100 UCITS ETF.

MSTR納入NAS100將使其接觸到更多投資納斯達克指數的投資者和基金。這樣做的最大基金是 Invesco 的 QQQ 信託，管理規模為 3520 億美元，但其他持有數十億美元的基金也投資於 NAS100 中的公司，例如 iShares NASDAQ 100 UCITS ETF。

However, it is worth noting that not all companies in the Nasdaq 100 carry equal weighting. For example, Invesco’s QQQ ETF allocates roughly 53.1% of its portfolio to the top 10 companies on the Nasdaq exchange, while the remainder is distributed among the other 90 companies.

然而，值得注意的是，並非納斯達克 100 指數中的所有公司都具有相同的權重。例如，Invesco 的 QQQ ETF 將其投資組合的大約 53.1% 配置給納斯達克交易所前 10 家公司，其餘的則分配給其他 90 家公司。

Nonetheless, 0.1% of a $352 billion pie is still significant.

儘管如此，3,520 億美元蛋糕中的 0.1% 仍然很重要。