Michael Saylor compared bitcoin to New York City and its economy on Monday as the cryptocurrency rose to fresh records. Saylor's comments come ahead of MicroStrategy's inclusion in the Nasdaq-100 on Dec.

Peter Schiff, the relentless gold maximalist and Bitcoin hater, has set his sights on Michael Saylor and his company MicroStrategy, accusing them of manipulating BTC price. The sharp allegations followed Bitcoin’s meteoric rise to an all-time high of $106,

Michael Saylor, the chief architect behind MicroStrategy’s Bitcoin investment strategy, recently suggested that the company has made another Bitcoin purchase—potentially its first at an average price exceeding $100,

Shares of the Virginia-based company, which owns about 2% of all bitcoin, has outperformed even Nvidia over the last five years.

The reconstituted Nasdaq 100 index, which also now includes Palantir and Axon Enterprise, will begin trading on Dec. 23.

As a business intelligence and analytics company, Microstrategy ( NASDAQ:MSTR) has already been listed on the Nasdaq since 1992. And now with its substantial Bitcoin holdings, its market capitalization boosted with high liquidity of daily trading volume, making it eligible to be included in the Nasdaq-100 index.