Wed 19 Nov 2025 ▪
5 min read
▪
by
Luc Jose A.
While bitcoin falters, a company makes the opposite bet. Strategy, the largest corporate holder of BTC, continues to buy massively in the midst of turmoil, where others flee. Its radical strategy, often criticized, could nevertheless open the doors of the very selective S&P 500 as early as December. A possibility that, until recently, was still financial science fiction. This scenario, unthinkable a few years ago, crystallizes a major shift between institutional finance and cryptos.