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Bitcoin Buyer MicroStrategy Leads Trio of Nasdaq 100 Index Debuts | Global News Avenue

Bitcoin Buyer MicroStrategy Leads Trio of Nasdaq 100 Index Debuts

Main points

  • Palantir, MicroStrategy and Axon Enterprise joined the Nasdaq 100 on Monday.
  • The index consists of the 100 largest non-financial sector companies in the Nasdaq Composite Index and is reconstituted annually.
  • The new additions replace Super Micro Computer, Moderna and Illumina.

Palantir Technologies (PLTR), micro-strategy (Magnetic transmission technology) and Axon Enterprise (axon) joined Nasdaq 100 Index Index launches Super Micro Computer on Monday (SMCI), modern (messenger RNA) and Illumina (ILMN), Nasdaq said on Friday.

After the opening, shares of software maker Palantir fell about 5%, while major Bitcoin holders MicroStrategy’s shares rose more than 4% and Taser weapons maker Axon’s shares fell more than 3%. It’s worth noting that MicroStrategy’s stock price may also be affected by the latest Mainly buy Bitcoin. this Largest corporate shareholder According to an SEC filing on Monday, the cryptocurrency acquired 15,350 Bitcoins for approximately $1.5 billion, or $100,386 per Bitcoin.

The Nasdaq 100 Index, which consists of the 100 largest non-financial industry companies in the Nasdaq Composite Index, is restructured each December and rebalanced quarterly to weight its constituents by market capitalization.

Since three companies were added to the Nasdaq 100 index, three previously listed companies had to be removed. Of those removed, AMD may be delisted If the company fails to file its delayed annual report by the February deadline, it will exit the entire Nasdaq market entirely. The server maker has also hired a consulting firm to help raise capital, Bloomberg reported on Friday. Supermicro shares fell about 5% on Monday morning.

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