Polymarket betting trends suggest a 90% likelihood of MicroStrategy, a business intelligence leader, being included in the prestigious Nasdaq 100 index.
This potential addition comes as California-based Super Micro Computer (SMCI) and Massachusetts-based Moderna face removal from the index, signaling shifts in the tech-heavy stock market lineup.
Launched in 1985, the Nasdaq 100 index is a go-to for investors seeking tech exposure, often accessed through the Invesco QQQ ETF. The index is known for its correlation with Bitcoin, aligning with the growing digital asset market.
Companies already on this index include Apple, Nvidia, Amazon, Tesla, Alphabet, T-Mobile, Adobe, Cisco, Intuit, and more. Alongside MicroStrategy, Axon Enterprise and Palantir Technologies are also projected to join.
The Nasdaq-100 has surged nearly 32% year-to-date, reaching a record 21,784 points. MicroStrategy itself has seen a jaw-dropping 500% increase in its stock value this year, with a market cap exceeding $100 billion—nearly surpassing Intel.