BitMine Chairman Thomas Lee said in a post on X that FTSE Russell has released its preliminary inclusion and deletion lists, with BitMine (…
BitMine Chairman Thomas Lee said in a post on X that FTSE Russell has released its preliminary inclusion and deletion lists, with BitMine (BMNR) on the preliminary inclusion list for the large-cap Russell 1000. Its market cap is above the $5.7 billion minimum threshold for large‑cap inclusion. Lee said many active managers only buy Russell 1000 constituents, and it is also estimated that passive index funds or ETFs typically hold 20% to 25% of a stock’s market cap.
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