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.
The post Tom Lee’s BitMine to Join Russell 1000 as Ethereum Staking Reaches 4.88 Million ETH appeared first on Coinpedia Fintech News BitMine said its shares (BMNRThe post Tom Lee’s BitMine to Join Russell 1000 as Ethereum Staking Reaches 4.88 Million ETH appeared first on Coinpedia Fintech News BitMine said its shares (BMNR
Tom Lee’s BitMine to Join Russell 1000 as Ethereum Staking Reaches 4.88 Million ETH
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