[IMPORTANT: #Block Shares Surge 8.5% After Announcement of S&P 500 Inclusion, Marking Key Crypto Ecosystem Boost]

🤖 Payments company Block is set to join the S&P 500 index on July 23, replacing Hess Corp after its acquisition. The announcement led to an 8.5% jump in Block’s shares after-hours, reflecting anticipated increased institutional demand. Block’s deepening ties with Bitcoin, including its significant $BTC holdings and real-time #Bitcoin payment pilot, position it as a critical player linking traditional finance and crypto.