MicroStrategy enters MSCI ACWI Index, stocks surge 80% this year, far surpassing Bitcoin.
Index provider MSCI has announced that it will add Microstrategy to the MSCI ACWI Index, effective from 5/31. Bloomberg ETF analyst Eric Balchunas stated that ACWI is widely popular among institutions, making this addition very significant.
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What is the MSCI ACWI Index?
Microstrategy stock automatically infiltrates portfolios, with the share price soaring over 4%.
MSCI ACWI Index is MSCI’s flagship global equity index designed to track the performance of large and mid-cap stocks worldwide. The index covers 23 developed markets and 24 emerging markets, with 2,840 constituents spanning 11 sectors, representing approximately 85% of the investable opportunity set across each market.
Since 2009, the MSCI ACWI Index has performed similarly to the MSCI World Index (which includes only developed countries), but has outperformed the MSCI Emerging Markets Index. The top ten holdings of the MSCI ACWI Index include Microsoft, Apple, Nvidia, and Taiwan’s TSMC.
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Previously, ChainNews also reported that as Microstrategy’s market value continues to rise, discussions have begun about the day when Microstrategy will be included in the S&P 500 Index. Once included in the S&P 500 Index, Bitcoin will start to “automatically infiltrate all portfolios,” including traditional 401(k) plans, retirement funds, and the hands of many passive investors.
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If Microstrategy is included in the S&P 500 Index, will millions of people passively buy Bitcoin?
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As more and more people adopt passive index investing (like the recent trend of 00940 in Taiwan), if a stock can be included in a major index, it will automatically infiltrate many portfolios and become an important reference for institutional investors. Although Bitcoin prices did not experience significant changes yesterday, the news inspired a 4.15% surge in Microstrategy’s stock price, which has risen 87% year-to-date, far surpassing Bitcoin’s 45% increase.
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MSCI ACWI Index
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