MicroStrategy Buys More Bitcoin, Joining Nasdaq 100

The video discusses MicroStrategy's transformation from a software company to a Bitcoin proxy hedge fund, highlighting its inclusion in the NASDAQ 100. Michael Saylor, the co-founder, is noted for his controversial yet influential role in this shift. The video also covers the market impact of MicroStrategy's inclusion, comparing it to other companies and explaining the mechanical nature of NASDAQ compared to the S&P. The effective date of the change and its implications for ETFs are also discussed.

What transformation did MicroStrategy undergo from its original business model?

Who is the co-founder of MicroStrategy and what is his reputation?

What was the market cap of MicroStrategy when it was added to the NASDAQ 100?

How does the NASDAQ's approach to market cap differ from that of the S&P?

What impact did MicroStrategy's addition to the NASDAQ 100 have on ETF buying?