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MicroStrategy (MSTR) Expected To Be Added To Nasdaq 100: Bloomberg

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Today, Bloomberg ETF analysts Eric Balchunas and James Seyffart announced that MicroStrategy (MSTR) is expected to enter into the Nasdaq 100 (QQQ) later this month on December 23.

“MicroStrategy will likely enter the Nasdaq 100 Index on Dec. 23, and we expect net buying of at least $2.1 billion in shares by ETFs to follow, equal to about 20% of daily volume,” Seyffart explained. “Joining the S&P 500 will be tougher because of a lack of profit, though an accounting-rule change surrounding Bitcoin valuations could make MicroStrategy eligible in 2025.”

Net buying of $2.1 billion would be an added boost to MSTR, which has already outperformed most major stocks and also bitcoin this year — up 450% year-to-date at the time of writing. MSTR, powered by its relentless bitcoin acquisition strategy, has seen its stock skyrocket to a new all time high this year for the first time since March 10, 2000.

MSTR has already acquired over 170,000 bitcoin since announcing its plans to raise $42 billion to purchase more BTC in late October. 

Balchunas stated that the official announcement of MSTR getting added to QQQ is expected to come this Friday, December 13.

“Again this is our best estimate of what will go down,” Balchunas concluded. “We don’t work at Nasdaq. FYI!”





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How Strategy is Redefining Corporate Leverage?

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March 26, 2025

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Is Strategy quietly reshaping how public companies interact with capital markets — and could its $21 billion plan set a precedent for Bitcoin-aligned balance sheet plays?

Small fish, big splash

Strategy’s (previously MicroStrategy) role in U.S. capital markets is changing in ways that few would have predicted a few years ago. Known primarily as an enterprise software firm, the company became one of the biggest Bitcoin (BTC) proxies and most active participants in equity financing in 2024—despite accounting for just a small share of total market value.

As of Mar. 25, Strategy has a market capitalization of $87.64 billion, ranking it 109th among U.S. companies and 211th globally. On paper, that places it well below the largest public firms. Yet in terms of equity raised or announced in 2024, it stands out sharply.

According to Bloomberg Intelligence data shared by Matthew Sigel, Head of Digital Assets Research at VanEck, Strategy represents only 0.07% of the U.S. equity market by value, but accounts for 16% of all equity raised or announced in 2024. 

A large portion of this came from two offerings. One was a $2 billion convertible note issuance completed in November 2024. The second, announced in October 2024, is a broader funding plan that aims to raise $21 billion over three years.

As of the end of Dec., $561 million had already been secured, much of it directed toward Bitcoin purchases — a strategy the company has increasingly aligned itself with over the past few years. 

Within the software sector, these two transactions made up more than 70% of the $39.5 billion in fresh equity raised in 2024. That figure puts software ahead of every other sector in 2024 in terms of additional offerings, followed by biotechnology at $30.1 billion, oil & gas at $26.46 billion, REITs at $22.44 billion, and aerospace and defense at $21.13 billion.

Notably, only biotechnology and REITs have consistently ranked among the top five sectors in recent years. Strategy’s outsized presence in software makes its contribution unusually concentrated.

Few companies of Strategy’s size have moved this aggressively to tap equity markets in 2024. Fewer still have done so with such a narrow and defined purpose — accumulating Bitcoin through corporate balance sheet expansion.

In that sense, the company’s financial activity is less about conventional software growth and more about asset allocation at scale. Let’s decode what is happening behind the scenes

Strategy doubles down on its BTC thesis

Strategy has continued its Bitcoin acquisition strategy in early 2025, adding 6,911 BTC for approximately $584.1 million at an average price of $84,529 per coin, solidifying its position as the largest public company by BTC holdings.

As of Mar. 25, the company holds a total of 506,137 BTC, acquired for approximately $33.7 billion, with an average cost basis of $66,608. At Bitcoin’s current market price of around $87,000, Strategy’s holdings are valued at over $44 billion, reflecting an unrealized gain of about $10.3 billion, or roughly $20,392 per BTC.

Year-to-date, the company has recorded a 7.7% BTC yield. This latest acquisition came shortly after Strategy reaffirmed its plans to raise capital via Class A strike preferred stock.

While the filing specifies that funds may be used for “general corporate purposes,” prior behavior suggests a large portion will likely be allocated to crypto asset accumulation. 

Strategy’s approach diverges sharply from other corporate Bitcoin holders. For example, Tesla holds about 11,500 BTC, while Block (formerly Square) holds a  little more than 8,000 BTC. Both firms made their purchases years ago and have largely held static positions.

In contrast, Strategy’s has conducted multiple acquisitions nearly every quarter since 2020 and remains the only publicly traded company with a defined strategy of accumulating Bitcoin as a primary treasury reserve asset. 

$MSTR stock continues to mirror Bitcoin price trends. On Mar. 24, amid a strong rebound in U.S. equities — where the Nasdaq rose 2.27% — Strategy shares jumped over 10%, closing at $335.72, translating into a single-day market cap increase of roughly $8 billion, even though no major business update or earnings event occurred.

The correlation here is not incidental. Historically, MSTR has exhibited a beta of over 2.0 relative to Bitcoin, meaning it tends to amplify BTC’s price movements in both directions.

However, this strategy is not without risk. The company carries over $4 billion in long-term debt, much of it tied to convertible notes that mature between 2028 and 2032. 

In the event of prolonged Bitcoin drawdowns or tightening capital markets, Strategy may face constraints on its ability to refinance or raise fresh capital.

As of its latest filings, the firm holds minimal cash reserves relative to its debt exposure, highlighting its reliance on BTC price appreciation to maintain balance sheet strength.

STRK and financial engineering

Earlier this year, Strategy introduced a new kind of financial instrument called STRK, which is short for its Series A Perpetual Strike Preferred Stock. 

STRK is not a regular stock like MSTR, nor is it a traditional bond. Instead, it sits somewhere in between—designed to raise money without putting immediate pressure on existing shareholders.

STRK was launched in Jan. 2025 as part of Strategy’s larger goal to raise $42 billion over three years—to support its ongoing Bitcoin strategy. The company initially offered 7.3 million STRK shares at $80 each, raising about $563 million, more than double what it had aimed for.

So what exactly does STRK offer investors? For starters, it pays an 8% annual dividend, which Strategy can choose to pay in cash or stock. That steady income has made STRK attractive to investors looking for a more stable way to gain some Bitcoin exposure, without the sharp price swings of common stocks like MSTR or Bitcoin itself.

There’s also a conversion feature built in: if MSTR’s stock price ever reaches $1,000, each STRK share can be converted into 0.1 shares of MSTR. But with MSTR trading at around $335 as of Mar. 25, that conversion isn’t in play right now.

Since it started trading in early Feb., STRK has held up relatively well. The current market price of around $86.6 means investors are earning close to a 7% effective yield, which is high by most standards.

Compared to regular shares, STRK gives Strategy some key advantages. It helps raise capital without immediately issuing more MSTR stock, avoiding direct dilution of existing shareholders. It also attracts a different kind of investor—someone who wants income and stability, rather than just betting on Bitcoin’s long-term growth.

Still, STRK isn’t risk-free. Its value is tied to Strategy’s overall performance, which is closely linked to Bitcoin. If Bitcoin prices drop or the company faces pressure to meet dividend obligations, STRK could lose some of its appeal.

What this means for public markets

Strategy’s positioning in 2024 offers a clear case study in how capital markets are adapting to the presence of digital assets — not through the creation of new asset classes, but by stretching existing ones. 

The company has emerged as a leading source of equity issuance this year, while maintaining a market value of just 0.07% of total U.S. equities, highlighting an evolving investor appetite for exposure to asset strategies delivered through listed entities.

In doing so, Strategy has set a tone for how public companies might be used as intermediaries between traditional capital and decentralized assets. It also reflects the maturing interface between regulated financial instruments and crypto-native strategies.

What happens next depends less on Strategy itself and more on broader conditions: the cost of capital, Bitcoin’s role in institutional portfolios, and how regulators and investors treat these hybrid models. 

If funding remains accessible and crypto retains demand as an alternative store of value, similar structures may emerge. If not, the model could remain singular.

In either case, Strategy has pushed public markets into new territory, where capital allocation, balance sheet strategy, and digital asset exposure now operate on the same axis.





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XRP Breakout On Hold? Financial Expert Reveals What’s Missing

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March 25, 2025

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XRP remains stuck around the $2 level, with experts issuing warnings of restricted near-term growth prospects. According to recent analysis, the digital currency is going through a phase of uncommon stability that has investors speculating about its next step.

Investor Sentiment Dampens Market Momentum

According to financial commentator Austin Hilton, millions of crypto traders have withdrawn from active participation. The market is stuck in neutral, as traders are simply waiting for a big event to set things into motion. The volumes of trade have been above $4 billion at peak levels, but the price itself remains virtually unchanged.

Summer Slowdown Impacts Crypto Trading

Analysts cite seasonal patterns as the major reason for XRP’s current behavior. Hilton describes how summer months usually experience lower trading volumes, with investors more inclined to engage in private activities than respond to market activity. This pattern might continue until July, possibly maintaining XRP’s price relatively stable.

Price Barriers Create Market Challenges

Technical analysis indicates key price levels for XRP. Resistance levels are found at $2.61 and $2.81, while support levels are at $2.22 and $2.31. Experts caution that in the absence of heavy buy pressure, the cryptocurrency might not be able to overcome these levels. Currently, XRP is trading at $2.44, with a modest 0.04% gain over the last 24 hours.

XRP market cap currently at $141 billion. Chart: TradingView.com

Long-Term Outlook Remains Hopeful

Despite current market challenges, some experts remain optimistic. Market analyst Dom suggests the current price consolidation might indicate a strong foundation for future growth. Unlike previous market cycles where XRP experienced rapid price spikes and drops, the current stability suggests a more measured approach.

A number of possible catalysts are on the horizon, such as developments in XRP ETF products, continued action in the SEC vs. Ripple case, and possible reserve disclosures. As of yet, however, none of these events have caused major market activity.

Institutional investors remain quietly accumulating digital assets, creating yet another level of sophistication to the current market dynamics. Hilton advises not to anticipate extreme price increases in the near term, highlighting that there needs to be a major positive event for drastic change.

As the cryptocurrency market keeps growing, XRP investors are warned to keep close watch on the market conditions. The fourth quarter could see things pick up once again, but for the meantime, patience seems to be the main approach for those who possess the cryptocurrency.

Featured image from Gemini Imagen, chart from TradingView





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Analyst Sets Dogecoin Next Target As Ascending Triangle Forms

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1 day ago

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March 24, 2025

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Crypto analyst CobraVanguard has revealed the next price target for Dogecoin as an ascending triangle forms for the foremost meme coin. A rally to this price target could pave the way for the new highs, especially with the crypto market looking to be in rebound mode. 

Next Target For Dogecoin As Ascending Triangle Forms

In a TradingView post, CobraVanguard set $0.197 as the next target for the Dogecoin price with an ascending triangle forming. He noted that this ascending triangle indicates a potential price increase. The analyst added that it is anticipated that the price could rise, aligning with the projected price movement of AB=CD.

Meanwhile, CobraVanguard warned that it is crucial to wait for the triangle to break before taking any action. His accompanying chart showed that Dogecoin needs to break above $0.177 to confirm a break above the ascending triangle. A break above that target would then lead to a rally to the $0.197 target. 

Dogecoin
Source: CobraVanguard on Tradingview

Dogecoin already looks to be in rebound mode at the moment, alongside Bitcoin, which is nearing the $90,000 mark again. The foremost meme coin is nearing the $0.177 target for a break above the ascending triangle. As crypto analyst Kevin Capital suggested, DOGE will likely rally as long as BTC is in bullish territory. 

Crypto traders are also betting on a Dogecoin rally to the upside. Crypto analyst Ali Martinez revealed that 76.26% of traders with open DOGE positions on Binance futures are leaning bullish. This is particularly bullish because Binance traders have a good track record of being right most of the time. In another X post, Martinez revealed that whales bought over 120 million DOGE last week, which is also bullish for the foremost meme coin. 

DOGE’s Market Structure Has Shifted

In an X post, crypto analyst Trader Tardigrade revealed that Dogecoin’s market structure has shifted. This came as he noted that Dogecoin is recovering from an ascending triangle, forming higher highs and higher lows from lower highs and lower lows.

Based on this, the analyst affirmed that Dogecoin had shifted the market structure from a downtrend to an uptrend on the hourly chart since it just formed the second higher high. His accompanying chart showed that DOGE is eyeing a rally to $0.177 as it continues to form higher highs. 

Martinez raised the possibility of the Dogecoin price rallying to as high as $4 or even $20 in the long term. He stated that if DOGE holds above the $0.16 support at the lower boundary of an ascending channel, history suggests that it could rebound toward the mid-range at $4 or upper range at around $20. 

At the time of writing, the Dogecoin price is trading at around $0.174, up over 3% in the last 24 hours, according to data from CoinMarketCap.

Dogecoin
DOGE trading at $0.17 on the 1D chart | Source: DOGEUSDT on Tradingview.com

Featured image from Pexels, chart from Tradingview.com



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