Bitmine will be included in the Russell 1000 Index today

Odaily Planet Daily News: Nasdaq-listed Ethereum treasury company Bitmine announced that it will be included in the Russell 1000 Index on June 26. Last month, Bitmine disclosed that its market capitalization had exceeded the minimum threshold of $5.7 billion for inclusion in the large-cap Russell 1000 Index, subsequently entering the preliminary candidate list. This index measures the overall performance of approximately 1,000 of the largest publicly traded companies in the United States. Currently, many active fund managers invest in Russell 1000 Index constituent stocks, and it is estimated that 20-25% of the total market value of these constituent stocks is held by passive index funds or ETFs.