Block, the First S&P 500 Company to Hold BTC Block, the US-based fintech company (ticker: SQ), has emerged as a potential candidate to become the first S&P 500 company to hold Bitcoin (BTC). According to Matthew Sigel, VanEck's head of digital asset research, Block has met the criteria for inclusion in the S&P 500 since the first quarter of 2024. These criteria include: - Market capitalization of $18 billion or more - Publicly traded shares of 10% or more - Positive revenue in the most recent quarter - Positive total revenue for the last four quarters - High liquidity - At least 12 months since the IPO - Company headquarters located in the United States Sigel noted that while meeting these requirements does not guarantee inclusion in the S&P 500, companies that fulfill them are typically added to the index within 3 to 21 months. Block's potential inclusion in the S&P 500 would be a significant milestone for the cryptocurrency industry, demonstrating the growing acceptance and recognition of digital assets by mainstream financial institutions.

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