MicroStrategy Set to Join Prominent Stock Index

Exciting news for MicroStrategy (MSTR) as it has been added to the prestigious MSCI World Index. This index includes large and mid-cap companies from 23 developed markets.

MicroStrategy’s stock has seen a remarkable increase of over 105.44% since the beginning of the year, surpassing the growth of Bitcoin.

The United States dominates the MSCI World Index with more than 70% of its composition. Japan and the UK follow behind with 6.06% and 4% respectively. The tech sector leads the way with 23.22% allocation, while finance, healthcare, and industrials also hold significant positions.

With a market cap of $23.02 billion, MicroStrategy’s stock price rose by 4% on Tuesday, reaching nearly $1,300 per share. Despite this, the stock is considerably lower than its peak in 2024 of $1,919.

Founded in 1998, MicroStrategy reached its all-time high of $3,130 in March 2000 during the dot-com bubble before plummeting to $5 a year later. CEO Michael Saylor revived the company two decades later with a bold Bitcoin investment that has paid off handsomely.

Bitcoin: A Better Option?

Although MicroStrategy’s performance has been impressive, not everyone shares the same enthusiasm.

CNBC host Jim Cramer recently advised against purchasing the company’s stock, recommending direct investment in Bitcoin for those seeking exposure to the digital asset.

Growing Institutional Adoption

Bitcoin advocate Michael Saylor predicts that eventually all pension funds will include Bitcoin in their portfolios.

This prediction follows the State of Wisconsin Investment Board’s acquisition of nearly $100 million worth of BlackRock’s IBIT shares.