Strive Asset Management has revealed Strategy’s upcoming inclusion in the S&P 500, a significant milestone for Bitcoin. As the world’s leading Bitcoin-focused asset manager, this move could elevate Bitcoin’s prominence within the U.S. financial system. With market capitalization exceeding $100 billion, Strategy surpasses the S&P 500’s threshold. However, inclusion hinges on additional criteria including U.S. registration, listing on a major exchange, and profitability over recent quarters. While strategy’s second-quarter financial report indicates profitability over the past year, this hurdle may be cleared as early as September, though final approval is not guaranteed. In 2020, the S&P 500 opted for Etsy over Tesla without clear explanation, while analysts attributed Tesla’s volatility as a possible factor. Similarly, Strategy faces potential inclusion hurdles due to its high beta coefficient of 3.86 – nearly twice that of Tesla, suggesting significant market volatility. Regardless of whether it joins the S&P 500 this September, Bitcoin is clearly emerging from its experimental stage and evolving into a blue-chip asset.