Michael Saylor, co-founder of MicroStrategy, is attracting attention for a possible new Bitcoin purchase after the company was recently added to the Nasdaq-100 Index.
This achievement has strengthened MicroStrategy’s position in the tech and finance industries. Saylor suggested that Marathon Digital Holdings could be the next crypto company to join the index.
On December 15, Saylor mentioned the SaylorTracker, a tool that tracks MicroStrategy’s Bitcoin purchases, and suggested it might be lacking a marker for a new acquisition.
This comment sparked rumors in the crypto community about a possible purchase soon. In the last month, Saylor has suggested possible Bitcoin buys on social media, usually before making official announcements about big purchases.
MicroStrategy now holds over 171,000 BTC, with total investments over $15 billion. If a new acquisition is confirmed, it will be the first since the company joined the Nasdaq-100 on December 13. Analysts think this might help MicroStrategy join the S&P 500 if they have positive earnings for the last four quarters.
Marathon Digital Holdings is working towards being included in the Nasdaq-100, and Saylor sees it as a good option. Marathon has faced challenges but has grown its Bitcoin reserves, spending more than $1 billion in December to acquire 40,435 BTC.
This makes it the second-largest corporate holder of Bitcoin after MicroStrategy. These changes highlight the increasing importance of companies adopting Bitcoin, as both are key players in investing in digital assets.
