Bitcoin24h $90,051.50-3.34%

Ethereum24h $3,004.71-6.60%

BNB24h $898.03-3.10%

XRP24h $1.91-5.38%

Solana24h $126.60-5.57%

TRON24h $0.2982-3.83%

Dogecoin24h $0.1238-3.85%

Cardano24h $0.3542-4.13%

Bitcoin Cash24h $569.19-3.65%

Monero24h $528.31-13.90%

What is the next MicroStrategy catalyst after NASDAQ 100?

On January 1 next year, the FASB will change an accounting rule regarding the treatment of bitcoin that will benefit MicroStrategy.

Bears watch MicroStrategy ahead of NASDAQ 100 inclusion

Bearish onlookers are increasingly skeptical that MicroStrategy’s flywheel of bitcoin accretion per diluted share can continue much longer.

MicroStrategy’s premium to its bitcoin holdings, sometimes called its NAV premium, has dropped one-third from its November all-time high.

The MicroStrategy chief advised the US government to purposefully dump its gold reserves solely to acquire over one-fifth of bitcoin’s supply.

Bitcoin hit an all-time high above $100K on Wednesday, yet MicroStrategy fell 4.8% the following day and closed 28% below its all-time high.