
Bitcoin: How Strategy’s S&P 500 move will push BTC even higher
The recent rally in the cryptocurrency market has seen many experts and enthusiasts alike scrambling to pinpoint the next catalyst for growth. One particular event that could have a profound impact on Bitcoin’s (BTC) trajectory is Strategy’s potential inclusion in the S&P 500 index.
In December 2024, Strategy, formerly known as MicroStrategy, made waves by listing on the Nasdaq-100. The move led to an unprecedented rally in its stock price, which eventually led to a fivefold increase. Now, speculation surrounding a possible inclusion in the more influential S&P 500 has sparked renewed enthusiasm.
How MSTR’s S&P 500 listing could drive BTC even higher
Strategy’s Nasdaq-100 listing proved to be a game-changer for Bitcoin. Coinciding with this event was an unprecedented rally that saw the flagship cryptocurrency push past $100,000. This begs the question: Could the same principle apply if Strategy were to join the S&P 500?
It’s hard to ignore the sheer scale and influence of the index in which it would be participating. By comparison, the Nasdaq-100 may have a more focused portfolio, but the S&P 500 is an altogether different beast. It tracks a much broader set of sectors, including energy, healthcare, finance, and many others.
What could this mean for Bitcoin?
Source: ambcrypto.com