BenWerkman on Nostr: $MSTR Nasdaq 100 Tracking - 11/15/2024 So one unique movement to include in the ...
$MSTR Nasdaq 100 Tracking - 11/15/2024
So one unique movement to include in the update today, I have incorporated $PLTR (Palantir) into the data as they announced their move over to Nasdaq which will make them eligible for inclusion as well.
With their market cap, they currently sit in spot #29. Not important to MSTR other than to say that they did take over one of those coveted "Top 75" slots and we need to be aware of that.
But back to the star of the show. $MSTR is currently sitting in spot #61 which holds them firmly in the Top 75 at this time. With their current allocation, this would provide MSTR with an estimated $798.5M in inflows from the top 3 funds.
We have 9 more trading days before their fate is locked in. #Bitcoin has continued to show great resilience at these new highs which is holding MSTR relatively steady within the rankings.
The MSCI World index will rebalance 11/26 and we will have to wait and see if we get another share count update from MSTR from ATM usage before the 11/29 snapshot is taken.
It's going to be exciting all the way to the end!
So one unique movement to include in the update today, I have incorporated $PLTR (Palantir) into the data as they announced their move over to Nasdaq which will make them eligible for inclusion as well.
With their market cap, they currently sit in spot #29. Not important to MSTR other than to say that they did take over one of those coveted "Top 75" slots and we need to be aware of that.
But back to the star of the show. $MSTR is currently sitting in spot #61 which holds them firmly in the Top 75 at this time. With their current allocation, this would provide MSTR with an estimated $798.5M in inflows from the top 3 funds.
We have 9 more trading days before their fate is locked in. #Bitcoin has continued to show great resilience at these new highs which is holding MSTR relatively steady within the rankings.
The MSCI World index will rebalance 11/26 and we will have to wait and see if we get another share count update from MSTR from ATM usage before the 11/29 snapshot is taken.
It's going to be exciting all the way to the end!