Bitcoin News
By Dan Saada
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A New Chapter for Bitcoin and the S&P 500. Block Inc., previously known as Square, was founded in 2009 by Jack Dorsey and Jim McKelvey.
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Growing Bitcoin Representation in the S&P 500. Block’s inclusion is being viewed as a milestone for fintech innovation and as an indicator of…
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What Comes Next: Will Strategy Join the Index?. The spotlight has now shifted to Strategy, formerly known as MicroStrategy, which could be the…
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Wall Street’s Gradual Embrace of Crypto. Despite regulatory challenges and past market volatility, the addition of crypto-aligned companies…
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Final Thoughts. Block Inc.’s entrance into the S&P 500 is more than a win for the company—it’s a signal that…
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Bitcoin exposure on Wall Street just took another major step forward. On July 18, Block Inc.
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Block Inc. replaced Hess Corporation in the index after Hess was acquired by Chevron. The official trading of Block’s stock as part of the index began on July 23, making it the…
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This development has sparked renewed interest in Bitcoin-aligned firms on Wall Street, with speculation mounting about who could be next.
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In 2021, the company rebranded as Block Inc., signaling its pivot toward blockchain-powered solutions.
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The company also committed to allocating 10% of its crypto-related revenue to acquiring Bitcoin, reinforcing its position as a pro-Bitcoin enterprise. As of July 2025, Block Inc.
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Block’s inclusion is being viewed as a milestone for fintech innovation and as an indicator of growing Bitcoin acceptance within mainstream finance.
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Among the three, Tesla currently holds the largest Bitcoin reserve—11,509 BTC—followed by Coinbase with 9,267 BTC and Block Inc. with 8,584 BTC.
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Amrita Ahuja, Block’s Chief Operating Officer and Chief Financial Officer, expressed enthusiasm over the development, calling it a sign of the company’s long-term viability.
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The spotlight has now shifted to Strategy, formerly known as MicroStrategy, which could be the next BTC-aligned company to join the S&P 500.
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Experts believe Strategy’s inclusion would further solidify crypto's growing role in U.S. equity markets. “Block Inc.
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