The company Strategy, which specializes in investing in Bitcoin, officially meets all the requirements for inclusion in the prestigious S&P 500 index. A final decision regarding its inclusion in the index is expected on September 5, and if the verdict is positive, the changes will take effect on September 19.
This is reported by Finway
Financial Results and Market Position
In the second quarter of 2025, Strategy demonstrated one of the best financial performances in the company’s history. Operating profit reached $14 billion, while net profit amounted to $10 billion, corresponding to $32.6 per share (diluted EPS). Revenue increased to $114.5 million, which is 2.7% higher year-over-year, and subscription revenues grew by nearly 70%.
The company’s management has raised its forecast for the end of 2025: an expected $34 billion in operating profit, $24 billion in net profit, and $80 per share. These forecasts are based on the assumption that by the end of the year, the price of Bitcoin will reach $150,000.
Compliance with S&P 500 Requirements and the Role of Bitcoin
As of September 1, Strategy holds 632,457 BTC, and the return on Bitcoin investments since the beginning of the year has been 25.4%. The implementation of new fair value accounting standards starting January 2025 has allowed the company to reflect unrealized gains from digital assets, significantly improving official metrics. In particular, in the second quarter, Bitcoin traded above $100,000.
Strategy already meets all formal criteria for inclusion in the S&P 500, including:
- listing in the U.S.;
- market capitalization significantly exceeding $8.2 billion;
- average daily trading volumes exceeding 250,000 shares;
- over 50% of shares are publicly traded;
- stable positive financial results for the last quarter and for the year.
“If approved, Strategy will become the first company with a Bitcoin treasury to enter the S&P 500. This could be a landmark moment for the integration of digital assets into the traditional U.S. stock market.”
It is worth noting that prior to this, the first company from the cryptocurrency sector to enter the S&P 500 was the cryptocurrency exchange Coinbase.