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VanEck executive: Block is expected to become the first company in the S&P 500 to hold Bitcoin
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2025-01-10 08:02 8,790
According to news on January 10, Matthew Sigel, director of digital asset research at VanEck, posted on the X platform that the financial technology company Block is expected to become the first company in the S&P 500 to hold Bitcoin. To be included in the index, a stock must meet six main criteria, including: 1) a market capitalization of more than $18 billion; 2) public float of more than 10%; 3) earnings in the most recent quarter should be positive, and The sum of GAAP earnings for the first four quarters should also be positive; 4) high liquidity; 5) listed for 12 months; 6) company headquartered in the United States.
Keywords: Bitcoin
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