Block Rockets into S&P 500: Jack Dorsey’s Firm Soars as Markets Cheer Crypto’s Latest Mainstream Stamp

Wall Street just handed Bitcoin maximalists fresh ammo—Block’s S&P 500 debut sends shares skyrocketing, proving even legacy indexes can’t ignore crypto’s gravitational pull.

When suits and hodlers collide

The payments firm—formerly Square—joins the big leagues as institutional adoption hits hyperdrive. No surprise—Dorsey’s been betting on Bitcoin since your grandma still thought ‘blockchain’ was a Peloton accessory.

Market euphoria or calculated bet?

Traders piled in like it was a free NFT drop, but let’s see how long the champagne flows. Remember: the S&P also welcomed WeWork once. Just saying.

In brief

• Block replaces Hess in the S&P 500, boosting its stock nearly 9% on Friday.
• The company holds 8,584 bitcoins and bets on the Lightning Network for its payments.
• Its assertive crypto strategy sets it apart from traditional fintechs and appeals to passive index funds.
• Coinbase paved the way two months ago; Block confirms crypto’s foothold on Wall Street.

Bitcoin Joins the Dance: Block in the S&P 500

Jack Dorsey’s company, recently highlighted for its intent to rename “sats” to “bits,” has just received excellent stock market news. The announcement came on a Friday:, formerly Square, will replace Hess Corp. Immediate result:after the close. This rise is not just technical. It’s recognition.

This is not just a headline. It is trillions in passive flows inching closer to Bitcoin

In short, index funds will now have to include a crypto company in their portfolios.

Block’s entry comes, another industry giant. At this pace, crypto is not just entering the system; it’s reshaping it.—, positive results over the last four quarters, and more than 10% public float.

But this is not just a simple alignment of the planets. This is the effect of Jack Dorsey. The man is known for his attachment to bitcoin.in its treasury. They also plan to launch Bitcoin payments via Square by 2026, relying on the Lightning Network. At Bitcoin 2025 in Las Vegas, Block already demonstrated these payments in a merchandise store.

In short, the former Twitter boss doesn’t follow the trend; he is mapping it out.

Behind the Stock Surge, a Bitcoin Strategy Designed Since 2021

Block was not always seen as a crypto company. Everything changed. The message is clear: bitcoin takes priority. Since then, the evidence has stacked up. Recently, Jeff Walton from Strive Funds noted that.

Tweets are excited, but investors are taking note. Because history shows that the announcement of an index entry boosts stocks in the short term. According to a Bernstein note,. But beyond the figures, it’s the strategy that stands out.

• +8.49% increase in Block’s stock after the announcement of its S&P 500 inclusion;
• 8,584 bitcoins held in Block’s treasury;
• $44 billion market capitalization, well above the index median;
• 2026: planned launch of bitcoin payments via Square;
• 2 months: the gap between Coinbase’s entry and Block’s entry into the S&P 500.

This rise leaveson the sidelines. Despite a, the trading platform was not selected. Block, on the other hand, had that little something extra: vision, tech, and above all… bitcoin.

Jack Dorsey doesn’t stop at bitcoin in the treasury. Recently, he introduced Bitchat, an offline messaging app, peer-to-peer and encrypted, which works without internet or servers. A nod to Hong Kong protesters and 90s IRC. A technology for crisis zones, resistant to censorship. That sums up the man well: a supporter of useful, secure, surveillance-free finance — and always, deeply decentralized.

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