Strategy (formerly MicroStrategy) kept its place in the Nasdaq 100 during the latest rebalance. There was some risk of them getting dropped, but they held on. Nasdaq added ALNY, FER, INSM, MPWR, STX, and WDC. They removed BIIB, CDW, GFS, LULU, ON, and TTD. These changes happen on Dec 22. MSTR is still facing pressure from MSCI though. MSCI is considering removing companies that hold more than 50% of their assets in crypto, which MSTR is fighting against. The stock closed down 3.7% at $176.45 while Bitcoin is trading around $90k.