Late Friday, following weeks of speculation, Nasdaq announced that MicroStrategy—the largest corporate Bitcoin treasury reserve holder in the world—will join the Nasdaq 100 index in a milestone move for the crypto industry.
That puts the firm, fronted by founder and Executive Chairman Michael Saylor, in rare company, joining giants like Apple, Meta, Amazon, Microsoft, and Nvidia in the high-powered index of the 100 largest non-financial companies in the Nasdaq Composite. And it means that Invesco’s popular QQQ ETF, which tracks those 100 companies, will be buying MSTR shares. The move takes effect December 23.
MicroStrategy pioneered the Bitcoin strategy and started buying in 2020, sticking to Saylor’s vision amid the bear market and seeing that belief vindicated this year. MSTR is up nearly 500% since the start of the year as the firm’s Bitcoin holdings currently top $42 billion amid ongoing buys.
Bitcoin Bull MicroStrategy Joins Nasdaq 100
Bitcoin advocates MicroStrategy is now part of Nasdaq 100, joining Apple, Tesla, and others in a milestone in crypto's journey into the mainstream.
Dogecoin Down 19% Since Hitting 3-Year High—Despite Bitcoin Rebound
Even with Bitcoin up on the week, Dogecoin is the biggest loser in the top 10 cryptocurrencies—and other meme coins are down bad too.
Japanese Lawmaker Named Satoshi Pushes for National Bitcoin Reserve
As national Bitcoin reserve plans gain traction, House of Councillors member Satoshi Hamada is urging consideration in Japan.
OpenAI Whistleblower Found Dead in San Francisco Apartment in Apparent Suicide
OpenAI whistleblower Suchir Balaji, 26, was found dead in his San Francisco apartment on Nov. 26, San Francisco Police Say.
💬 Quote of the Day
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“I look forward to your deposition under oath in California. No need to bring your banana.”
Cosmos is expanding: Skip joins the Interchain Foundation
The Interchain Foundation has acquired Skip, one of Cosmos’ leading teams, to bring their excellence in engineering, product strategy, and execution in-house and usher in an era of growth for Cosmos, and its vision for the interchain.
Skip will rename to Interchain Inc. and become the ICF’s main subsidiary, concentrating product, vision, and go-to-market for the Interchain Stack and Cosmos – aligning the Interchain Stack’s vision, and the vision for a Cosmos Hub that is at the center of the ecosystem, driving user and liquidity growth for the entirety of the Cosmos’ interchain ecosystem.
Buying a 9dcc Black Box will earn buyers a mystery prize—perhaps connected fashion, or maybe even a CryptoPunks NFT.
📚 Watch and Learn
📹️ WATCH: 'Predict the Future' with MYRIAD and Pudgy Penguins
Decrypt and Rug Radio's on-chain prediction market MYRIAD has teamed up with Pudgy Penguins for its first Community Contest! Find out how to take part and win prizes including Lil' Pudgys NFTs at myriad.markets.
🎓️ LEARN: What Are Prediction Markets? Understanding How MYRIAD Works
On-chain prediction markets such as MYRIAD have rapidly gained traction in recent years. Here’s how they work.
