MicroStrategy co-founder and prominent Bitcoin advocate Michael Saylor has forecasted that MARA Holdings, a major player in cryptocurrency mining, will be the next Bitcoin-focused firm to join the Nasdaq 100 Index. Saylor shared his prediction in response to MARA CEO Fred Thiel’s congratulatory message regarding MicroStrategy’s upcoming inclusion in the index.
MARA Holdings’ Push for Nasdaq 100 Inclusion
Fred Thiel confirmed MARA’s active efforts to secure a spot in the Nasdaq 100, emphasizing the company’s aggressive Bitcoin accumulation strategy. Over the past two months, MARA has invested over $600 million in Bitcoin, as disclosed in an SEC filing.
MARA’s Market Performance
- Stock Price (MARA): Gained 13% in six months, closing at $22.73 (December 2024).
- Bitcoin’s Influence: BTC’s 149% year-to-date surge has positively correlated with MARA’s growth.
👉 Explore Bitcoin’s impact on crypto stocks
MARA Advocates for US Leadership in Bitcoin Mining
Beyond acquisitions, MARA has urged the US to dominate the Bitcoin mining sector, framing it as a national security priority. The firm argues that the US should mirror its historic gold accumulation strategy with Bitcoin to counter global de-dollarization trends.
Key Takeaway:
“The US must lead in mining, blockspace, and hashrate to ensure sovereignty in the crypto era.” — Fred Thiel
FAQs
Q1: Why does MARA want to join the Nasdaq 100?
A: Inclusion boosts credibility, attracts institutional investors, and aligns with long-term growth strategies tied to Bitcoin adoption.
Q2: How has Bitcoin’s performance affected MARA’s stock?
A: MARA’s stock has benefited from Bitcoin’s upward trend, reflecting investor confidence in crypto-linked equities.
Q3: What is MARA’s stance on US Bitcoin mining dominance?
A: MARA views leadership in mining as critical for economic and geopolitical leverage, akin to gold reserves.
👉 Learn more about crypto market trends
Conclusion
With MicroStrategy paving the way, MARA Holdings aims to become the next Bitcoin-centric firm on the Nasdaq 100. Their aggressive BTC acquisitions and advocacy for US mining supremacy highlight a strategic vision for cryptocurrency integration into mainstream finance.
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