TechFlow, Dec 13 — According to Reuters, despite growing scrutiny over its massive bitcoin holdings, Strategy (formerly MicroStrategy) will continue to remain a component stock of the Nasdaq-100 Index. The latest annual index rebalancing confirms that Strategy has not been removed and will retain its position once the new adjustments take effect.
The report notes that market attention on Strategy centers largely on its business model, which is highly dependent on bitcoin price volatility, but this has not impacted its current standing in the Nasdaq-100.
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