Jack Dorsey’s Block Inc Rockets Into S&P 500 After 9% Stock Boom – Crypto Meets Wall Street

Wall Street finally catches up with crypto's favorite fintech disruptor.

Block Inc—Jack Dorsey's payments powerhouse—just punched its ticket to the big leagues. A blistering 9% stock surge catapulted the Bitcoin-boosting firm into the S&P 500, proving even traditional indexes can't ignore crypto's gravitational pull anymore.

The finance old guard won't like this one bit.

While suits were busy shorting Coinbase, Dorsey's team kept building. Now the Cash App architect joins the very establishment it's been dismantling—talk about eating the market's lunch. The ultimate revenge? Your disruptor becoming the benchmark.

Funny how a 'niche crypto play' suddenly looks mighty mainstream when institutional investors need exposure. Welcome to 2025—where Bitcoin companies graduate from altcoin status to blue-chip darlings before the boomers finish their morning coffee.

TLDR

• Block Inc has been added to the S&P 500 index replacing Hess Corp.
• The change will take effect before trading begins on Wednesday.
• Block Inc shares rose by 9 percent in after-hours trading after the announcement.
• The company’s market value surged as high as $79 following the news.
• Block Inc holds 8,584 Bitcoin making it a major corporate holder of the asset.

Block Inc has secured a spot in the S&P 500 index, replacing energy company Hess Corp before trading opens Wednesday. The index inclusion follows the standard quarterly review by S&P Dow Jones Indices and reflects Block Inc’s eligibility. After the announcement, Block Inc shares surged by 9% in after-hours trading, reaching as high as $79.

The move highlights Block Inc’s growing market relevance, especially as it strengthens its Bitcoin-focused financial infrastructure. With a rising valuation and consistent performance, Block Inc now meets all listing requirements. The market responded positively, as investors considered the inclusion a milestone for both the firm and the broader crypto sector.

This development also represents a strategic win for the Bitcoin community, given Block Inc’s strong support and holdings in the cryptocurrency.

Block Inc Gains Entry with Bitcoin Support and Strong Financials

According to recent data from Bitbo, Block Inc. maintains an active bitcoin treasury and currently holds 8,584 BTC. The company’s consistent crypto involvement has solidified its position as a significant fintech firm with digital asset exposure. Furthermore, Block Inc. has met all conditions for S&P 500 inclusion, including a market capitalization above $18 billion.

The firm also meets the requirement of a minimum public float above 10%, reinforcing its suitability for the index. It posted a positive earnings record in the most recent quarter, and its total GAAP earnings across the last four quarters are positive. These benchmarks confirm that Block Inc meets the Core requirements of the index.

Block Inc. ’s inclusion strengthens cryptocurrency’s presence in major financial benchmarks, following Coinbase’s addition earlier this year. As of July 18, Coinbase became the first crypto exchange to join the S&P 500. Together, these developments underline the growing relationship between traditional finance and digital assets.

🚨Jack Dorsey’s Block Inc. joins the S&P 500. Block holds 8,584 $BTC, worth over $1B.

— Krasnov (@krasnovcrypto) July 19, 2025

Bitcoin Community Reacts Strongly as Passive Flows Expand

Given the firm’s long-term crypto alignment, Block Inc’s addition to the S&P 500 triggered excitement within the Bitcoin ecosystem. Observers believe the MOVE can influence institutional interest and increase Bitcoin-related exposure through passive investment flows. The positive reaction signals market acceptance of Bitcoin-integrated companies in top-tier financial indices.

Following the announcement, market analysts emphasized the significance of increased passive capital tracking the index. This may channel additional liquidity toward Bitcoin-backed firms such as Block Inc. As a result, its Bitcoin treasury strategy could benefit from greater long-term institutional backing.

Block Inc, founded by Jack Dorsey, continues to champion Bitcoin as a financial backbone for its services and ecosystem. The firm remains committed to building fintech infrastructure around Bitcoin and digital payments. This reinforces its identity as a hybrid of traditional finance and digital currency innovation.

Strategy Eyes Future Inclusion Through Expanding Bitcoin Holdings

Strategy, formerly known as MicroStrategy, is positioning itself to join the S&P 500 through sustained Bitcoin investment. The company recently announced a $4.2 billion at-the-market share sale to expand its Bitcoin treasury. It also plans to issue preferred STRD stock to raise more capital for acquisitions and operations.

The firm currently holds over 600,000 BTC and posted a profit exceeding $14 million from its digital asset position. With a profitable first half of 2025, Strategy aims to meet the criteria for future S&P 500 eligibility. Executives continue to promote Bitcoin as a long-term store of value amid economic uncertainty.

Unlike Block Inc, Strategy has yet to meet all listing criteria, but it is steadily progressing toward that goal. By growing its market cap and maintaining profitability, Strategy may soon follow Block Inc’s path. Its aggressive crypto strategy underlines the expanding influence of Bitcoin in public markets.