S&P 500 Bitcoin exposure – Will strategy be next after Block Inc.’s inclusion?

On July 23, 2025, Block Inc. Became the third Bitcoin-focused company in the S&P 500 after Coinbase and Tesla. The company’s stock gained 10% following the inclusion announcement.

The inclusion is seen as a boost for Bitcoin exposure within traditional finance, and the COO emphasized that this signifies broader acceptance and growth potential.

Analysts are now questioning whether Strategy, formerly MicroStrategy, will also gain entry into the S&P 500, potentially increasing the number of Bitcoin-aligned firms in the index.