MSTR Addition to Nasdaq 100 (Patreon)
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There are rumors that MicroStrategy may be added to the Nasdaq 100 Index on December 20, 2023. The announcements are made in advance of the changes, usually at least five business days before they take effect
Currently they rank #40 on the list and this would drive huge inflows into the stock.
$QQQ has $300B in assets, so $MSTR is looking at a range of flows between $300 million to $1.5 billion of inflows. Could be an interesting set up for a short squeeze 3.5 weeks from now.
PS I have so much capital gains on MSTR I will not be selling this year to put off the tax bill till 2026. I may end up holding 30-60% of it, depending on TSLA price. PS Selling MSTR into TSLA would far more than triple my TSLA bag.
NOT TAX ADVICE, my goals are not yours.
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