Saylor expects MARA to be ‘the next’ Bitcoin firm to join Nasdaq 100

MicroStrategy founder and Bitcoin bull Michael Saylor has tipped crypto miner MARA Holdings to be next in line among Bitcoin firms to join the Nasdaq 100.

“Thanks Fred. I expect $MARA will be the next,” Saylor said in a Dec. 14 X post, responding to MARA Holdings chairman and CEO Fred Thiel, who congratulated Saylor on MicroStrategy’s inclusion in the Nasdaq-100 Index, which was announced on Dec. 13.

MicroStrategy is expected to join before the trading day begins on Dec. 23.

MARA aims for Nasdaq 100
“Congratulations to $MSTR and @saylor for being the first Bitcoin treasury company to join the Nasdaq 100,” Thiel said.

Thiel said MARA is “working hard to get there.” The crypto miner has spent more than $600 million on Bitcoin in the last two months, according to a Dec. 2 filing with the United States Securities and Exchange Commission.

Being included in the Nasdaq 100 means the company is one of the 100 biggest on the Nasdaq stock exchange by market capitalization. MicroStrategy closed the trading week on Dec. 13 with a market cap of $94.77 billion, according to Financecharts data.

Meanwhile, MARA clocked a market cap of $7.32 billion.