BitMine’s $126M Ethereum buy sets up a Russell index test tied to $12.2T in assets

May 24, 2026 - 14:45
BitMine’s $126M Ethereum buy sets up a Russell index test tied to $12.2T in assets
Make CryptoSlate preferred on BitMine bought an additional 60,000 ETH worth about $126 million as Ethereum traded near $2,000, extending one of the largest corporate accumulation strategies tied to the second-largest digital asset. The purchase came just as the firm was named to the preliminary list for the Russell 1000 Index, positioning the crypto holder...

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