BitMine is preliminarily included in the Russell 1000 list, potentially attracting $2.15 billion in buying interest.

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Mars Finance News, on May 25th, BitMine Chairman Tom Lee tweeted that FTSE Russell has released the preliminary inclusion and exclusion list, with BitMine (BMNR) listed on the preliminary inclusion list of the large-cap Russell 1000, with a market capitalization higher than the minimum threshold of $5.7 billion required for large-cap inclusion.
Tom Lee stated that many actively managed funds only buy Russell 1000 constituent stocks, with 20% to 25% of the market value of a single stock typically held by passive index funds or ETFs.
Based on BitMine's current market cap of $10.75 billion, if successfully included, BitMine will receive at least $2.15 billion in buying funds.
BMNR-3.62%
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QuantizedDaydream
· 10h ago
The R1000 threshold exceeded 570 million, and the safety margin is sufficient.
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TideEarningsTable
· 13h ago
The habit of only buying component stocks in active funds, once incorporated, is a qualitative change.
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SudoSmiles
· 13h ago
20-25% passive holding ratio, selling pressure will also become smoother
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SandwichDodger
· 13h ago
Mechanical buying of index funds can sometimes be more effective than fundamentals.
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ColdBrewSparklingWater
· 13h ago
The preliminary list is still subject to change before official inclusion; stay tuned for June.
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GateUser-8ca669fd
· 13h ago
BMNR's narrative has shifted from mining machines to large-cap indices.
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GlassFishTankArbitrage
· 13h ago
215 million in passive funds genuinely enhance liquidity
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LimitOrderAtTheCrater
· 13h ago
Tom Lee's words are quite accurate; passive buy orders are indeed a hidden positive signal.
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