Why is Strategy still in the Nasdaq 100 despite the drop, and what does this mean for Bitcoin investors?

Strategy maintains its position within the Nasdaq 100, which sustains hopes for a positive 2026 in the Bitcoin market, and this is reflected in the investment strategy of the company and other institutional investors.

MicroStrategy, now known simply as StrategyIt has established itself as a unique figure within the financial and technological world, standing out not only for being a company listed in the prestigious index Nasdaq xnumxbut also for its bold bet on Bitcoin. In essence, Strategy represents an emblematic case, where the combination of financial innovation and the adoption of the most recognized cryptocurrency converge to chart a distinctive business course.

Included in the Nasdaq 100, which groups the 100 most relevant technology and commercial companies in the United States, Strategy has attracted attention for its disruptive model. The company has made Bitcoin a cornerstone of its financial strategy since 2021, transforming market perceptions of institutional investments in crypto assets. This article explores why, despite facing a decline in its market value, Strategy maintains its position in this index and what these moves mean for Bitcoin investors at a time when corporate adoption and financial trends are rapidly evolving.

Context and relevance of Strategy in the Nasdaq 100

Understanding Strategy's continued inclusion in the Nasdaq 100 requires understanding how this index works. The Nasdaq 100 comprises companies that not only meet high market capitalization standards but also demonstrate stability and relevance in their sectors. Inclusion and continued inclusion in this index are a mark of confidence for any company, reflecting trustworthiness and financial weight in the market.

Strategy was included in the Nasdaq 100 in December 2024, entering the technology category. This ranking was the result of significant growth, partly driven by the appreciation of its Bitcoin investments. However, in 2025, the company has faced a downward trend in its share price, losing more than 15% in just one month. Despite this drop, and unlike its situation in the MSCI index where it could be excluded due to the high proportion of crypto assets, Strategy has managed to maintain its place in the Nasdaq 100 after the annual reconstitution announced in December.

We can compare inclusion in the Nasdaq 100 to being among the top 100 athletes in a league: even if Strategy's specific performance has experienced ups and downs, its track record of impact and market capitalization keeps it on the podium. This analysis highlights that its continued inclusion recognizes not only its current size but also its potential and influence—factors that are critical for any strategic investor.

Strategy's Bitcoin strategy and its impact on institutional investments

Since 2021, Strategy has adopted a pioneering and unique position: Use Bitcoin not only as a financial asset, but as a primary reserve on your balance sheet. Under the leadership of Michael Saylor, one of the best-known advocates of the "bitcoiner movement", the company has accumulated nearly 650.000 BTC, initially valued with multimillion-dollar investments that are currently subject to the volatility of the crypto market.

This bold strategy translates into two crucial realities for the institutional financial ecosystem. First, it reflects a growing recognition of and confidence in Bitcoin as a store of value at the corporate level—a phenomenon that incentivizes other institutions to seek exposure to BTC to diversify portfolios. Second, it introduces an inherent risk factor due to volatility and evolving regulations, aspects that necessitate sophisticated analysis and constant monitoring.

Strategy's strategy can be understood as investing in a disruptive technology with long-term potential, which for some investors is similar to buying shares in a tech startup in its early stages: high risk, but with great potential for revolution and growth. This approach has helped position Bitcoin as a serious asset in institutional investments, influencing various financial trends that point toward greater integration of crypto assets into traditional portfolios.

What does Strategy's continued inclusion in the Nasdaq 100 mean for Bitcoin investors?

Strategy's continued inclusion in the Nasdaq 100, even amidst volatility, clearly impacts the confidence of both institutional and retail investors in Bitcoin. At the market level, its continued presence suggests that corporate investments in BTC can be sustained and valued, thus offsetting concerns about the stability of the crypto ecosystem within the traditional market.

However, it should not be forgotten that there are tangible risks: the company has seen the value of its Bitcoin reserves fall, affecting its mNAV (market net asset value), The indicator, which falls below 1,00, signals financial constraints and limited funding options. The possibility that MSCI might exclude Strategy due to its high exposure to BTC could suddenly impact its stock market value, also dampening Bitcoin's market performance.

This leads us to a data-driven reflection: Bitcoin's continued presence in the Nasdaq 100 is a sign of resilience and adoption, but also a warning to investors to carefully review the risk-opportunity balance. In this context, Strategy's strategy serves as both a beacon and a reminder of the need for informed and strategic evaluation of Bitcoin investments.

A vision for the future of Strategy and the Bitcoin market

In summary, Strategy's continued inclusion in the Nasdaq 100 despite the drop in its share price and Bitcoin's volatility clearly reflects the growing and sustained adoption of Bitcoin within the institutional sector. While this Bitcoin-focused strategy carries risks, it represents a commitment to the integration and normalization of this asset in traditional markets, shaping long-term financial trends.

For investors seeking strategic positioning, the recommendation is to rigorously analyze both corporate adoption signals and financial and regulatory risk indicators. The company led by Michael Saylor will continue to be a crucial barometer for gauging Bitcoin's pulse in the institutional market.

As Saylor stated in his letter to the MSCI Index Committee, describing potential exclusionary measures as “arbitrary,” defending Bitcoin as a strategic corporate asset will be vital for the future of global finance. The Bitcoin market and Strategy will likely evolve in tandem, impacting investments, financing, and trends for years to come, in a narrative that encourages continuous education and preparation in the sector.