Block Inc. Joins S&P 500, Boosting Bitcoin Exposure

Block Inc. Enters S&P 500 with Bitcoin Focus

Block Inc., led by Jack Dorsey, officially joined the S&P 500 on July 23, 2025. The company is noted for its significant Bitcoin holdings. Dorsey has been a vocal advocate for Bitcoin adoption, integrating it extensively into Block’s platforms.

S&P Dow Jones Indices, Official Operator, “Block Inc. (NYSE: XYZ) will replace Hess Corp. (NYSE: HES) in the S&P 500 effective prior to the opening of trading on Wednesday, July 23.”: S&P Dow Jones

Block Sees 7% Stock Surge Following S&P Inclusion

Inclusion mandate increases capital flows as S&P 500 index-tracking funds acquire Block shares. The company experienced a 7% stock price surge post-announcement. Bitcoin, held by Block, impacts market exposure significantly, influencing future investor engagement.

Comparing Block’s S&P 500 Entry to Tesla’s 2020 Inclusion

Block’s addition is reminiscent of Tesla’s S&P 500 entry in December 2020, noted for its Bitcoin holdings. Crypto expert Kanalcoin emphasizes the importance of Bitcoin integration in corporate strategies, citing past trends showing increased investor confidence post-inclusion.