Analysts flag risks for Strategy at Nasdaq's 100 index reshuffle
Affected assets and topics
Why it matters
Analysts are warning that Strategy may be removed from the Nasdaq 100 index due to concerns over its business model, which has negatively impacted its share price. Despite a strong rally earlier this year, Strategy's inclusion in the index is at risk. The company's recent profit is largely driven by an accounting change.
Article tone
Expected market reaction
Market impact analysis based on bearish sentiment with 76% confidence.
Evidence trail
Evidence
AI provenance
Technical identifiers
- Provider tag
- groq-llama-3.1-8b-instant
- Analysis version
- groq-llama-3.1-8b-instant
- Article id
- 21651
Original source
Bitcoin hoarding giant Strategy may be at risk of being removed from the Nasdaq 100 index at its annual reshuffle on Friday, amid questions over its business model that have weighed on its share price, some analysts flagged this week. After a sizzling rally that pushed its market capitalization to a peak of $128 billion earlier this year, Strategy - which started out as software company MicroStrategy but pivoted to bitcoin investing in 2020 - was included last December under the index's technology sub-category. Strategy reported a net profit of $2.78 billion for the three months ended September 30, compared with a loss of $340.2 million a year earlier, mostly driven by an accounting change that allowed it to book gains on its bitcoin holdings.
Read the full article on Yahoo Finance
Original article published by Yahoo Finance on December 12, 2025. Analysis and insights provided by AnalystMarkets AI.