Strategy Inc., formerly known as MicroStrategy, is on the verge of becoming the first Bitcoin-focused company to join the S&P 500, according to Bloomberg. The company has met the index's liquidity and market capitalization requirements, driven by its substantial $70 billion in Bitcoin holdings and $14 billion in quarterly unrealized profits. If included, approximately 500,000 shares would be available to passive funds, with a market capitalization of around $16 billion. The S&P 500 committee will still need to evaluate factors such as volatility and sector balance before making a final decision. Strategy Inc. is already part of the Nasdaq 100, and inclusion in the S&P 500 could enhance its institutional recognition.