BitMine said its shares (BMNR) will be added to the Russell 1000 Index on June 26. The company, which describes itself as the largest Ethereum treasury company, said it held 5.673 million ETH as of June 22, along with $601 million in cash and marketable securities and no debt. Separately, on-chain data showed BitMine staked an additional 160,480 ETH, bringing its total staked holdings to 4.88 million ETH, or about 86% of its Ethereum reserves. Investors will watch the index inclusion and future staking activity.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
The ongoing global market turmoil has put the crypto market under heavy pressure, pushing major…
Bitcoin is trading around $59,900, with liquidation data showing significantly more leveraged short positions above…
Large Ethereum holders are now sitting on unrealized losses across all major whale categories, marking…
U.S. Senator Cynthia Lummis is ramping up efforts to move the CLARITY Act, one of…
As Bitcoin struggles to regain momentum, concerns around Michael Saylor’s Strategy are once again resurfacing.…
South Korea's KOSPI index dropped more than 8%, triggering circuit breakers that halted trading for…
