Robinhood is set to join the S&P 500, marking a major milestone for the crypto-focused fintech firm after a year of strong growth and profitability. Its inclusion reflects the rising influence of digital asset companies amid a more favorable regulatory climate. Meanwhile, Strategy (formerly MicroStrategy), despite its $95 billion market cap and pioneering Bitcoin treasury strategy, was notably excluded. The decision highlights a shift in investor and institutional preference toward diversified fintech platforms over pure-play crypto holdings.