Strategy Could Become First Bitcoin-Backed S&P 500 Company

Quick Highlights Strategy holds 632,457 BTC with 25.4% BTC yield ￰0￱ Q2 profits: $14B operating, $10B net income. S&P 500 inclusion could mark a Bitcoin market ￰1￱ Nears Historic S&P 500 Inclusion as Bitcoin Soars Strategy, known for its Bitcoin accumulation approach, has officially met all criteria for potential inclusion in the S&P 500 ￰2￱ to CoinDesk , citing S&P Dow Jones Indices, the committee’s decision could arrive as early as September. Record-Breaking Q2 Performance In Q2 2025, Strategy reported one of its strongest results ever: $14 billion in operating profit $10 billion in net income, corresponding to $32.6 per share (diluted EPS) $114.5 million in revenue, up 2.7% year-over-year, with subscription revenue surging nearly 70% Management also raised its 2025 guidance: $34 billion in operating income, $24 billion in net income, and $80 per share EPS, assuming Bitcoin hits $150,000 by ￰3￱ Holdings Drive Growth As of September 1, Strategy held 632,457 BTC on its balance sheet and posted a BTC yield of 25.4% ￰4￱ fair value accounting standards, introduced in January 2025, allowed the company to recognize unrealized gains from digital assets, a key factor in its sharp growth as Bitcoin traded above $100,000 in Q2.

S&P 500 Inclusion: A Landmark Moment Strategy already meets all formal requirements for S&P 500 inclusion: Listing in the USA Market capitalization well above $8.2 billion Average daily trading volume over 250,000 shares More than 50% of shares in free float Positive financial results for the last quarter and trailing 12 months The earliest window for inclusion is the September ￰5￱ announcement is expected on September 5, with changes taking effect on September ￰6￱ approved, Strategy would become the first Bitcoin-backed company in the S&P 500—a milestone for digital assets in traditional markets.