Crypto Mission
@cryptomission
A year and a half ago, the SEC fiercely defended itself against Grayscale’s lawsuit over a spot Bitcoin ETF. And today? MicroStrategy, the company that holds nearly all its assets in BTC, is entering the Nasdaq-100. 📚 For those unaware, Grayscale sued the SEC because the regulator refused to approve their Bitcoin ETF. Grayscale won the case in court, forcing the SEC to reevaluate its stance. 🏛️ What’s interesting is that entering the Nasdaq-100 isn’t just a matter of prestige. All ETFs that track this index will now be REQUIRED to automatically purchase MicroStrategy shares — worth approximately $2.1 billion. 🎯 You have to wonder: did the SEC expect Bitcoin to make its way to Wall Street so quickly? 💎 Kudos if you survived all the lows and are still part of this market! 😄
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