Michael Saylor, MicroStrategy founder, tipped crypto miner MARA Holdings as the next Bitcoin-focused firm to join the Nasdaq 100. Saylor’s comment came after MARA CEO Fred Thiel congratulated MicroStrategy on its inclusion, set to begin Dec. 23.
MARA, which has invested over $600M in Bitcoin recently, aims to join MicroStrategy, whose market cap stands at $94.77B, compared to MARA’s $7.32B.
The Nasdaq 100 listing represents the top 100 companies by market cap, with MicroStrategy joining alongside two others as Illumina, Moderna, and Super Micro Computer exit.
Source: Cointelegraph