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

By Oluwapelumi Adejumo at 2026-05-24 13:22

Sentiment: Positive

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 to capture a slice […] The post BitMine’s $126M Ethereum buy sets up a Russell index test tied to $12.2T in assets appeared first on CryptoSlate. Continue reading...

Categories: Digital Asset Treasuries

Tags: #Digital Asset Treasuries #Featured #Market #TradFi #Trading #BitMine #ETH #ethereum #Russell

Source CryptoSlate