Main notes
- Fintech Giant Block Inc was added to the S&P 500 SENFIC SEND July 23.
- The American energy company, Hess Corp, replaced the S&P 500.
- The strategy can eventually be added to the S&P 500, which is supported by Bitcoin Epic. .
Jack Dormy’s Financial Services Company, Block, Inc. , To the S&P 500 index, the standard index of the largest 500 American companies, depending on the market value. It replaces the American energy company HESS Corp on the S&P 500. According to a statement published on July 18, the replacement will be valid before the start of trading on Wednesday.
Block Inc. Carefully meet the S&P 500 standards
Added Block Inc. To S&P 500 in increasing its market value by 9 % in trading after Friday hours.
She jumped to $ 79, according to Google Financing Data. This confirms the level of the upscale reaction that the event received from the market, especially the Bitcoin (BTC) community. Block Inc. This embrace is very much because it is one of the most famous supporters in Bitcoin.
jack Dormy’s Block Inc. joins. $ BTCAt more than $ 1 billion.
Krasnov (@krasnovcrypto) July 19, 2025
The company has a large Bitcoin wardrobe, and according to modern data from Bitbo, Block currently owns 8,584 BTC. Therefore, analysts and market observers believe that the S&P 500 inserts is a big victory for Bitcoin.
When talking about this, the Crypto Commentary Wiseummit account is highlighted that “this is not just a title”, describing it as “trillion in the negative flows that approach Bitcoin.”
Also, Crypto Trader Cryptothedoggy said, “Roots Crypto + Fintech Firepower = Wall Street’s New BluePrint.”
Moreover, this is a prominent milestone for the mass, as it shows its growth and progress over the years. In order for the S&P 500 to get, the maximum market must be more than $ 18 billion. In addition, it must have a general float more than 10 %, and the last quarter profits should be positive.
Such a company must also have a total profit of the generally accepted accounting principles (GAAP). Like Block Inc. The American Cryptocurrency Exchang Coinbase has also achieved this work. Two months have passed since I became the Digital Asset service provider, the first encryption company to be included in the S& P 500 index.
Strategy plans to join S&P 500
More companies are looking to join the standard index of the largest 500 American companies in terms of market value. The strategy, previously known as Microstrategy, was making gradual movements that could lead to a S&P 500 list. One of these moves became the largest carrier of companies in Bitcoin.
About a week ago, the strategy announced the sale of shares worth $ 4.2 billion in the market (ATM) as part of its transition to expand the scope of Bitcoin, after the first half in 2025. There are plans to sell favorite stocks. Revenue will be used to acquire bitcoin and corporate operations.
Business and software intelligence company is keen to maintain a bitcoin accumulation model. He strongly believes that Bitcoin is the long -term most effective store in the climate of a flying macroeconomic. The reason for maintaining this strategy is not far -reaching, taking into account that the currency has not failed the disappointment of its holders.
It has given its total property of more than 600,000 BTC a profit of more than $ 14 million.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Benjamin Jodfrey is a blockchain lover and journalist who enjoys writing about the real life applications of Blockchain technology and innovations to pay public acceptance and complementarity all over the world for emerging technology. His desire to educate people about encrypted currencies inspire his contributions to the media and famous sites in Blockchain.
The post Jack Dorsey’s Bitcoin Firm Block Inc Joins S&P 500 first appeared on Investorempires.com.
