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Reuters

Reuters

Bitcoin buyer MicroStrategy stock jumps on Nasdaq 100 entry

Reuters
Summary
Nutrition label

78% Informative

MicroStrategy ( MSTR ) shares rose nearly 7.4% in Frankfurt trading on Monday as the software company and bitcoin ( BTC-USD ) buyer was set to join the tech-heavy Nasdaq 100 index.

The $25.7 trillion index of the largest non-financial companies listed on the Nasdaq exchange will now gain indirect exposure to bitcoin via microStrategy, which holds $44 billion worth of bitcoin on its balance sheet.

VR Score

87

Informative language

92

Neutral language

62

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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