Wu reported that Bitmine Chairman Thomas Lee tweeted that FTSE Russell has released the preliminary inclusion and exclusion list, with BitMine (BMNR) listed on the preliminary inclusion list of the Russell 1000 large-cap stocks, with a market capitalization above the minimum threshold of $5.7 billion required for large-cap inclusion. Thomas Lee stated that many actively managed funds only buy Russell 1000 component stocks, and it is also estimated that 20% to 25% of a single stock's market value is usually held by passive index funds or ETFs.

BMNR-3.62%
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LittleBearWatchingTheMarket
· 3h ago
Active funds only buy Russell component stocks; this logic is quite solid.
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GateUser-e130bc45
· 3h ago
The 5.7 billion threshold has been crossed; the next step is to confirm the official list.
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CandleLibrarian
· 3h ago
Thomas Lee's news being released, the stock price is probably going to move.
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0XNightRun
· 3h ago
Bitmine has now squeezed into the mainstream asset allocation pool.
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WickHunter
· 4h ago
Mining companies enter large-cap stock indices, and their industry position has indeed improved.
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StainedGlassSolarArray
· 4h ago
Russell 1000 preliminary list, still waiting for it to take effect officially
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Semi-MeltedIceCream
· 4h ago
20%-25% passive holdings, liquidity improvement expected
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UnderTheGlassDome
· 4h ago
BMNR enters the Russell 1000, passive funds' liquidity is flowing in
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