Heavyweight index provider MSCI announced that it will add Microstrategy to the MSCI ACWI index, which will officially take effect on May 31. Bloomberg ETF analyst Eric Balchunas said that ACWI is very popular among institutions, so its impact is very important.
What is MSCI ACWI Index?
The MSCI ACWI Index is MSCI's global flagship equity index designed to track the performance of large- and mid-cap stocks representing the world. The index covers 23 developed markets and 24 emerging markets, contains 2,840 constituent stocks, spans 11 industries, and covers approximately 85% of the investable equity opportunity value in each market.
Since 2009, the MSCI ACWI Index has performed similarly to the MSCI World Index (which only includes developed countries), but has performed much better than the MSCI Emerging Markets. The top ten holdings of the MSCI ACWI index include Microsoft, Apple, Nvidia and TSMC.
Micro-strategy stocks automatically penetrated into the investment portfolio, and the stock price rose by more than 4%
As the market value of micro-strategy continues to rise, some people have started to discuss it before , the day when micro strategies will be included in the S&P500 index is not far away! Once it enters the S&P 500 index, Bitcoin will begin to "automatically penetrate all investment portfolios," including traditional 401k, retirement funds, and the majority of investors who invest passively.
As more and more people adopt passive index investing, if a stock can be included in an important index, it will "automatically penetrate into many investment portfolios" and will also be an important reference for institutional investors. Target: Although the price of Bitcoin did not change much yesterday, MicroStrategy's stock price rose 4.15% due to this news. It has risen 87% so far this year, which is much higher than Bitcoin's 45%.
The above is the detailed content of MicroStrategy enters the MSCI ACWI Index! The stock price has soared 80% this year, far exceeding that of Bitcoin. For more information, please follow other related articles on the PHP Chinese website!