Bitcoin News Today: Bitcoin Billionaire Now in S&P Running

S&P 500 index maintainers have confirmed that MicroStrategy (MSTR), previously known as Strategy, meets the criteria for potential inclusion in the index following a robust financial performance in the second quarter of 2025. The company reported an operating income of $14 billion and a net income of $10 billion, with its subscription services revenue surging by 70%. These figures reflect a significant improvement attributed to the adoption of new accounting standards and substantial unrealized gains from its bitcoin holdings. As a result, the firm is now eligible for inclusion in the S&P 500 index during the upcoming September 2025 rebalancing cycle [2].

Despite meeting the financial thresholds, Strategy’s inclusion in the S&P 500 index is not guaranteed. The index’s inclusion criteria extend beyond financial performance to include market capitalization, liquidity, and sector representation. S&P Dow Jones Indices typically announce additions and deletions from the S&P 500 index in advance of the rebalancing date, with adjustments occurring on a predetermined schedule. Strategy will be evaluated alongside other potential candidates to ensure that the index continues to represent a diverse and representative sample of leading U.S. companies [2].

The potential inclusion of Strategy in the S&P 500 is significant given its unique business model and its high-profile investments in cryptocurrency assets. While the S&P 500 traditionally includes companies from a wide range of industries, the inclusion of a company with a substantial portion of its value tied to digital assets raises new considerations for the index’s composition. The decision to include or exclude such a firm could set a precedent for how the index incorporates companies with unconventional asset allocations [2].

In a separate development, S&P Dow Jones Indices has announced the inclusion of Robinhood in the S&P 500 index during the same rebalancing cycle. This move underscores the index’s focus on incorporating companies that demonstrate financial stability and market influence, particularly within the fintech and investment sectors. Robinhood’s addition reflects its growing role in the U.S. equity market and its ability to attract a large and engaged user base, further aligning the index with the evolving landscape of financial services [2].

The rebalancing process for the S&P 500 is designed to ensure that the index remains a reliable benchmark for U.S. large-cap equity performance. By evaluating companies based on a combination of financial metrics, market influence, and sector representation, the index aims to provide a balanced and accurate reflection of the broader equity market. The inclusion of Strategy and Robinhood in the upcoming rebalancing highlights the dynamic nature of the index and its ability to adapt to new market trends while maintaining its core objectives [2].

Source:

[1] S&P 500® | S&P Dow Jones Indices (https://www.spglobal.com/spdji/en/indices/equity/sp-500/)

[2] MicroStrategy (MSTR) Qualifies for S&P 500, Inclusion ... (https://www.reddit.com/r/CryptoCurrency/comments/1n6mht8/microstrategy_mstr_qualifies_for_sp_500_inclusion/)