Tom Lee: Bitmine expected to be included in the Russell 1000 Large-Cap Index

On May 23, Tom Lee, chairman of BitMine, Ethereum's largest treasury, said that FTSE Russell announced the preliminary inclusion and exclusion list of its index components. - Bitmine has been added to the list and is expected to be included in the large-cap stock index-the Russell 1000. -$ The market value of BMNR has exceeded the minimum threshold (US$5.7 billion) required for inclusion in the large-cap index. - Many active fund managers invest only in stocks in the Russell 1000 Index. In addition, it is estimated that 20% to 25% of a stock's market value is usually held by passive index funds or ETFs.