Last week’s explosive market performance pushed Microstrategy deeper into profits and further validated its approach to Bitcoin. The company’s recent success also resulted in another aggressive surge in its treasuries.
The company took note of its latest performance, and especially its treasuries. They recently compared it with top S&P500 companies and the results were surprising.
A recent chart comparing Strategy’s Bitcoin holdings versus the largest corporate treasuries revealed that it has been rising up the ranks.
Its holdings amounted to $71 billion which outranked major companies such as NVidia, PayPal and CVS.
Strategy’s treasuries holdings were a reflection of its aggressive investment in Bitcoin. This was also reflected in its stock price which secured a new historic top above $455 on 16 July.
The MSTR stock price peak was up by over 3,500% in the last 5 years. However, the stock price retreated as the market experienced a bit of a retracement last week.
Is Strategy Stock Closer To Joining The S&P500?
While Strategy’s impressive performance was a reflection of Bitcoin’s performance, it also highlighted strong demand for the stock.
The fact that the company has been performing on per with some of the biggest institutions from different industries was also noteworthy.
Coinbase, stock was added to the S&P500 in May this year which was about 2 months ago. This made it the first crypto company to make it into the coveted index.
However, it was not bound to be the last considering the fact that traditional finance has been embracing crypto.
At its current rate, Strategy stock could potentially be the next stock to make its way into the S&P500.
There was a high probability that it could soon join the index considering its impressive performance. However, what’s even more interesting was the potential impact if or when it happens.
If MSTR stock joins the S&P500, it will be able to secure more investment especially from the institutional class.
This includes pension funds and even institutions that have historically focused on traditional investments.
A probable outcome especially with the ongoing rush by players in the traditional finance segment.
Here’s How MSTR Stock Could Potentially Influence the Segment
MSTR’s stock price especially in 2025 was a reflection of its heavy exposure to the asset class. It was also evident that the stock was becoming a preference for those looking to seek exposure to BTC’s upside potential.
Joining the S&P500 might unlock more liquidity flows into the stock and possibly trigger even more upside.
Especially if the market maintains its bullish trajectory in the coming weeks or months. However, this also runs the risk of higher Bitcoin correlation with the stock market.
Bitcoin did demonstrate tandem moves with the stock market to a specific degree in the last few months.
One of the reasons why investors have been yearning for BTC exposure was because it could be considered an alternative investment.
An alternative investment class that is uncorrelated with the stock market might be extremely useful in times when the stock market is influenced by macro factors.
However, the strengthening link with the stock market may reinforce that correlation and Strategy would play a significant role in that potential outcome.
Meanwhile, strategy’s Bitcoin holdings recently surged past the 600,000 BTC milestone. It held about 601,550 BTC at press time. The company achieved a 33% 3-month return and a 172% return in the last 12 months.
The company had so far purchased slightly over 88,000 BTC since the start of 2025 and had been accumulating every dip.
Strategy chairman Michael Saylor previously reiterated the company’s commitment to BTC acquisition.
