MicroStrategy has retained its position in the Nasdaq 100 despite ongoing scrutiny regarding its substantial Bitcoin holdings. MSCI is considering reclassifying the company in January if its Bitcoin assets exceed 50% of its total assets. Analysts caution that such a reclassification could lead to fund outflows ranging from $2.8 billion to $8.8 billion. As of late 2024, MicroStrategy holds over 250,000 BTC, raising concerns about valuation risks in the Bitcoin market.