Bitcoin-focused company MicroStrategy is nearing eligibility for inclusion in the S&P 500 index. This could allow Bitcoin to be included in almost any portfolio. However, the company must meet strict eligibility criteria and achieve a large market cap increase.

On February 15, MSTR rose to#535among the largest publicly traded companies in the United States. To be included in the S&P 500 index, the company must meet certain eligibility criteria. These criteria include a minimum market capitalization requirement and a positive profit total over the previous four quarters.

MSTR's market cap is currently $12.1 billion. If the company is included in the S&P 500, Bitcoin is expected to be included in almost every ETF portfolio. This could lead to Bitcoin “automatically seeping into almost any portfolio.”

MicroStrategy currently holds 190,000 BTC and the average purchase price is $31,224. This means the company earned $3.9 billion on its investment.

Do you think MicroStrategy's inclusion in the S&P 500 index is an important step for Bitcoin to become mainstream? We are waiting your comments.