- Strategy secures spot in Russell Top 200 after acquiring 4,980 BTC, strengthening its bitcoin-centered corporate reserve approach.
- With 597,325 BTC now held, Strategy’s Bitcoin treasury valuation reaches $63.3B, reinforcing BTC as a corporate asset class.
Strategy Inc., has been added to the Russell Top 200 Value Index, which includes the 200 largest publicly traded companies in the United States based on market capitalization. The index, managed by FTSE Russell, serves as a benchmark for large institutional funds, with companies like Apple, Amazon, and Microsoft also listed.
According to an official statement, the firm purchased 4,980 BTC for $531.9 million. This brings its total Bitcoin holdings to 597,325 BTC. At current market prices, this reserve is valued at approximately $63.3 billion. The company’s year-to-date return from this approach stands at 19.7%, which continues to reinforce Bitcoin’s position as a treasury reserve asset for corporations.
Over the past twelve months, Strategy’s stock price has increased by 157%. This trend has moved in parallel with the rise in bitcoin’s market value. The company’s shares are currently trading at $390.
The Russell Top 200 Index is part of the broader Russell 3000 series, representing over 60% of the U.S. equity market’s total capitalization. It is often used as a reference point for ETFs and mutual funds with a large-cap focus. One such product is the iShares Russell Top 200 ETF, which manages around $1.71 billion in assets. The addition of Strategy may influence fund composition and passive capital flows.
The firm’s Bitcoin holdings also link its valuation to the behavior of crypto markets. Pete Rizzo commented on social media that passive capital could indirectly flow into BTC due to the company’s structure. However, he acknowledged that volatility may temper any such effect.
BREAKING: MICHAEL SAYLOR'S STRATEGY JUST GOT ADDED TO THE RUSSELL TOP 200 INDEX
PASSIVE CAPITAL WILL FLOW INTO #BITCOIN 🔥 pic.twitter.com/nrar97t0k6
— The Bitcoin Historian (@pete_rizzo_) June 30, 2025
As the second quarter closes, Strategy’s market capitalization is estimated between $107 billion and $109 billion. This valuation places the company within range for potential inclusion in the S&P 500 Index.
Analyst Jeff Walton, estimates a 98.2% probability that Strategy meets the technical requirements for S&P 500 entry. Despite this, index membership is not automatic and depends on further decisions by index managers.
