Crypto miner MARA Holdings is in the running to join the prestigious Nasdaq 100 index, with founder Michael Saylor predicting it will be the next Bitcoin firm to achieve this status. This comes after MicroStrategy’s inclusion in the index on December 13. To qualify for entry, companies must have a market capitalization of $1 billion or more. MicroStrategy, which has spent over $600 million on Bitcoin in the last two months, currently boasts a market capitalization of around $94.77 billion, surpassing the required threshold. MARA Holdings, on the other hand, has invested over $600 million in Bitcoin and is valued at approximately $7.32 billion, positioning it for potential inclusion in the Nasdaq 100.
Source: https://cointelegraph.com/news/microstrategy-michael-saylor-nasdaq-100-mara-holdings-fred-thiel