Could MARA Holdings Follow MicroStrategy to Nasdaq-100?

MicroStrategy, led by Michael Saylor, has recently joined the Nasdaq-100 Index, a move that has sparked significant attention in the Bitcoin community.

The company’s strategy of using Bitcoin to safeguard its reserves has not only driven interest in its stock but has also aligned its performance with Bitcoin’s growth. With this Nasdaq-100 inclusion, analysts believe MicroStrategy could be a strong contender for the S&P 500 in 2025.

Saylor’s prediction extends beyond his company—he has suggested that MARA Holdings, a prominent Bitcoin mining firm, could soon follow in MicroStrategy’s footsteps and secure a spot on the Nasdaq-100. MARA’s CEO, Fred Thiel, expressed support for MicroStrategy’s achievement, recognizing its pioneering role as the first Bitcoin treasury firm to reach this milestone. Thiel has also indicated that MARA is working towards a similar goal.

Both companies share a strong commitment to Bitcoin, with substantial investments in the cryptocurrency strengthening their positions. MARA has raised significant capital through recent offerings, and although it’s not yet close to Nasdaq-100 inclusion, the company’s efforts suggest it’s on track for growth.

Saylor’s optimistic view of MARA’s potential inclusion reflects broader investor sentiment. As Bitcoin continues to reshape traditional finance, the inclusion of crypto-based companies like MARA in major indices would mark a pivotal shift, signaling growing acceptance of cryptocurrencies in mainstream markets.

Source

Alexander Stefanov