Bitmine Announces It Meets Eligibility Criteria for Inclusion in Russell 1000 Index, Effective June 26

CoinFeed, June 23 - Bitmine announced on X that it has met the eligibility criteria for inclusion in the Russell 1000 Index. The final updated list was published on June 18, and the reconstituted index takes effect on June 26. Bitmine noted that many active fund managers invest only in Russell 1000 constituents, and passive index funds and ETFs are expected to hold 20% to 25% of the included stocks' market capitalization.