Could BitMine’s Russell 1000 nod trigger an Ethereum treasury rally?
BitMine Immersion Technologies has appeared on the preliminary list for Russell 1000 inclusion, according to Fundstrats Tom Lee. BitMine made Russell 1000 preliminary list, raising passive-flow hopes for Ethereum treasury-linked BMNR shares now.Crypto.news reported BitMine holds 5.28 million ETH after adding 71,672 tokens in one week recently.FTSE Russell says reconstituted indexes take effect after market close on June 26, 2026 officially. The move has drawn attention because BMNR is one of the largest public Ethereum treasury plays. Lee said FTSE Russell published its preliminary index additions and deletions on May 23. He added that BitMine‘s market value was above the roughly $5.7 billion minimum for large-cap inclusion. Current market data places BMNR’s market capitalization near $8.58 billion. FTSE Russell published their preliminary index inclusions and deletions – Bitmine is on this list for inclusion for large-cap Russell 1000 – $BMNR market cap above the minimum $5.7B for large-cap inclusion BitMine enters Russell 1000 watch FTSE Russell started its June 2026 semi-annual Russell U.S. Indexes Reconstitution by publishing preliminary lists of companies expected to enter or exit the Russell 3000 and Russell Microcap indexes. The changes will take effect after U.S. markets close on June 26. The Russell 1000 cutoff has also moved higher this year. LSEG data shows