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Tom Lee: Bitmine Expected to be Included in Russell 1000 Index

AirdropBlackHole

2026-05-23 08:21:47

On May 23, Tom Lee, chairman of BitMine, the largest treasury of Ethereum, stated that FTSE Russell has announced its preliminary inclusion and exclusion list for index constituents. - Bitmine has been included in this list and is set to be added to the large-cap index - Russell 1000. - The market capitalization of $BMNR has exceeded the minimum threshold required for inclusion in the large-cap index ($5.7 billion). - Many active fund managers only invest in constituents of the Russell 1000 index. Additionally, it is estimated that 20% to 25% of a stock's market capitalization is typically held by passive index funds or ETFs.

BMNR-3.62%

ETH0.97%

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