Bitcoin-Focused Strategy Could Join S&P 500: Here’s Why

According to cryptocurrency analysis firm 10X Research, Michael Saylor’s Bitcoin-focused company, Strategy, has a 70% chance of joining the S&P 500 index before the end of this year. Stratgy is set to release its Q3 2025 earnings report on Thursday, which is expected to include a $3.8 billion gain from its Bitcoin (BTC) holdings. Strategy is among the biggest Bitcoin (BTC) holders in the world, with 640,808 BTC in its coffers. A profitable third quarter will greatly increase the company’s chances of joining the S&P 500 list of companies, effective from Dec. 19, 2025. According to the report, “The October 30 earnings release, which could reignite speculation around the December 5 S&P 500 inclusion decision — a scenario we assign a roughly 70% probability.”

Will Bitcoin Enter a Bullish Phase In November?

While October has historically been a bullish month for Bitcoin (BTC), 2025 did not fit the historical pattern. This month has been rather lackluster, with major crypto assets facing substantial corrections. The month also witnessed the highest single-day liquidation event in crypto history.

November could see a change in how the market behaves. The Federal Reserve will hold its Federal Open Market Committee (FOMC) meeting later today. The meeting will most likely hold clues on the Federal Reserve’s monetary policy. There is a high chance that the Fed will lower rates by an additional 25 basis points after its meeting. Another rate cut could trigger a Bitcoin (BTC) price rally.

Also Read: How Much Bitcoin Does Michael Saylor Own in 2025?

The current market predicament is likely due to macroeconomic conditions and trade disputes. The crypto market faced a massive correction earlier this month due to a trade spat between the US and China. The market recovered slightly after President Trump said that both nations are close to finalizing a new trade deal. Bitcoin (BTC) and the larger crypto market could see a big rebound if global trade disputes settle down.