Strategy may join the S&P 500 by year-end, even as Bitcoin buys slow and investor sentiment fades, 10x Research said.
Despite a decline in stock price and a slowdown in Bitcoin purchases, Strategy, the world’s largest corporate Bitcoin holder, may have a 70% chance of being added to the S&P 500 index before the end of the year, according to crypto market intelligence company 10X Research.
Strategy is set to release its third-quarter 2025 earnings on Thursday, which are expected to include an estimated $3.8 billion gain from fair-value Bitcoin (BTC) accounting.
A profitable quarter would mean a 60%–70% probability that the stock would be included in the S&P 500 effective Dec. 19, according to a Wednesday report from 10X Research.
