BitMine Immersion Technologies (BMNR) will join the Russell 1000 Index on June 26. This inclusion increases the company's visibility among institutional investors.
On-chain trackers report BitMine recently staked an additional 160,480 ETH. This transaction is valued at approximately $248.7 million.
The company now holds 4.88 million staked Ethereum tokens. This total represents 86% of its entire ETH holdings.
As of June 22, BitMine held 5.673 million total ETH. The company reports $601 million in cash and carries no debt.