May 19, 2025, Coinbase ($coin) It will officially join the S&P 500, which is considered the most trusted and tracked stock index in the world. Finish $5 trillion asset benchmarkthe S&P 500 not only measures company strength, but is also the gravitational center of global capital allocation.
Starting next week, it will include Bitcoin Finance Company.
Coinbase currently holds 9,267 BTC On its balance sheet, valuable $963.8 million At today’s price $104,000 per Bitcoinmake it The world’s 9th largest public enterprise Bitcoin holder.
This marks a quiet turning point in Bitcoin in the capital markets – a restructuring of the Treasury dialogue and reshaping how companies view index eligibility, institutional currents and balance sheet strategies.
The most passive traffic in finance just found Bitcoin
Coinbase means something profound to the increase in exponentials: Millions of investors will soon have indirect exposure to Bitcoin, without their choice.
Since the S&P 500 is tracked through a passive strategy, funds and institutions must buy Coinbase stocks at their index weight. If Coinbase is assigned or even Weighted 0.20%which means Net inflows of over $10 billion Track the vehicle from the index.
This is not speculative capital. This is Mandatory exposure– Capitalism is made up of rules, not conviction.
These rules directly lead to Bitcoin for the first time.
Bitcoin Treasury is now qualifying for indexing
Bitcoin on a company’s balance sheet has been seen as a novelty, or worse, responsibility. But Coinbase’s inclusion marks something different: Bitcoin exposure is now compatible with the highest standards of institutional qualifications.
This is a strong test for listed companies that already hold Bitcoin and a strategic consideration for those without Bitcoin. The index is included in the Fiat treasury only. Coinbase’s addition confirms Voice operations and a balance sheet consistent with Bitcoin are not mutually exclusive.
In fact, they may now be complementary.
Strategy ($MSTR) may be added to the S&P 500 index
Coinbase may be the first S&P 500 company to own the Bitcoin Treasury Department, but this may not be the last one.
Strategy ($MSTR), formerly Microstrategywidely regarded as the next potential candidate. The company meets many baseline standards for the S&P 500:
- It is based in the United States and is publicly listed on the Nasdaq.
- It has enough free floating point and market capitalization.
- The last four quarters of GAAP earnings were positive.
Perhaps the most noteworthy one is: Strategy is the world’s largest company Bitcoin holder.
As of today, it remains 568,840 BTCworth it now $59.16 billion.
Its balance sheet is no longer just the weight of Bitcoin, it is local to Bitcoin. If accepted, the strategy will represent a deeper level of Bitcoin within the world’s most influential index.
This is very important. Because it shows Bitcoin is becoming a fundamental component of corporate capital formation, not outliers.
From Signals to Strategy: New Company Scripts
Coinbase’s entry and potential follow-up to strategy present an emerging paper: The Bitcoin Treasury can strengthen the company’s capital position without damaging it.
Why:
- visibility: Index inclusion provides permanent access to new capital.
- flow: Passive capital is forcing buyers – providing liquidity and price support.
- Insight: Bitcoin is no longer a reputation responsibility, it is becoming a symbol of long-term vision and resilience.
In this case, the financial policy becomes Capital Market Strategy. Holding Bitcoin is not just about hedging inflation or diversifying reserves, it also involves keeping your company in aligned with where capital flows.
BFC’s view: The bridge has crossed
From the company’s Bitcoin perspective, it’s not only news, but A case study accepted by an institution.
Coinbase has:
- Navigate the public market as a local Bitcoin company
- Maintain material Bitcoin treasury and
- Prove that this positioning is not a barrier to index inclusion, which may be a feature.
Strategy, which directs the Treasury Department and the growth of influence may soon follow, which is Bitcoin’s position at the heart of the U.S. corporate index.
This should incite listed companies and pre-IPO candidates. It can be proved that Bitcoin alignment does not isolate you from traditional systems, and it can penetrate you deeper.
Here is the action of the BFC paper: The local capital structure of Bitcoin is compatible with institutional legality.
What happens next: Bitcoin is entering its core portfolio
With Coinbase’s S&P 500 S&P 500 included and strategy, it may be obvious next:
- Bitcoin is no longer limited to speculative portfolios.
- Bitcoin Treasury is now on default Asset allocation.
- this Passive indexing era Now playing passively in Bitcoin – ultimately whether investors realize this.
For CFOs and capital allocators, takeout is simple: Bitcoin on the balance sheet is no longer a bet, it is a bridge. to index. Distributor. To the long game.
With Coinbase joining the S&P 500, Bitcoin exposure is entering the core of institutional portfolios, not through financial products, but through the balance sheets of listed companies. As a strategic position followed, this marks a broader shift: Bitcoin’s treasury strategy is becoming part of the mainstream capital structure.
Disclaimer: This content was written for the company on behalf of Bitcoin. This article is for informational purposes only and should not be construed as an invitation or invitation to obtain, purchase or subscribe to securities.
