BitMine has entered the Russell 1000, with passive buying exceeding 20% and directly locking in positions; this narrative is even more solid than an ETF.

BlockBeats reports that BitMine (BMNR) has entered the FTSE Russell Russell 1000 preliminary inclusion list, with a market capitalization exceeding the entry threshold of $570 million. BitMine Chairman Tom Lee pointed out that many active funds only buy Russell 1000 component stocks, with 20%-25% of a single stock's market value typically held by passive funds or ETFs. If included, BitMine's current market cap of approximately $10.75 billion would generate at least $2.15 billion in buying demand.