finance
Bitmine Immersion Technologies to Join Russell 1000 Index on June 26
Bitmine Immersion Technologies, an Ethereum treasury company, is scheduled to join the Russell 1000 Index today. The addition is expected to increase institutional ownership through ETFs and funds that track the index.
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Bitmine Immersion Technologies is scheduled to join the Russell 1000 Index on June 26. The Ethereum treasury company holds 5.673 million ETH along with $601 million in cash and marketable securities and $350 million in preferred equity. It carries no debt and generates an annualized staking yield of $233 million.
Index inclusion is expected to drive institutional ownership as ETFs and funds tracking the Russell 1000 add Bitmine shares to their portfolios. The company reported the holdings and financial position in recent disclosures. Bitmine shares have fallen 93 percent from their July 2025 high.
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