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Russell includes crypto treasuries Bitmine and Upexi in major indexes

Russell includes crypto treasuries Bitmine and Upexi in major indexes

Ethereum (ETH) treasury company Bitmine Immersion Technologies (BMNR) is set to join the Russell 1000 Index after the close of US markets on Friday, while Solana (SOL) treasury firm Upexi (UPXI) will be added to the Russell Microcap Index when markets open on Monday.​

Bitmine and Upexi join Russell indexes after meeting requirements

Bitmine qualified for inclusion in the Russell 1000 after meeting the index’s eligibility requirements, the firm initially announced on Monday. The large-cap index tracks the performance of the top 1000 US companies by market cap.

The inclusion places Bitmine alongside established US large-cap companies and increases the company’s visibility among institutional investors and passive funds that track the…

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