Movement Alert｜BitMine Immersion Technologies Rises 5.24% in Regular Trading, Russell Index Reconstitution Effective Date Approaching Combined with Continued ETH Accumulation

Market Focus

06/22

On June 22, BitMine Immersion Technologies rose 5.24% in regular trading, trading at $16.735/share, with turnover of $165 million.

On the news front, the Russell Index annual reconstitution effective date is approaching, with the adjustment set to take effect after the US trading session ends on June 26. The company previously entered the FTSE Russell 3000 index potential member list and is expected to be included in the Russell 1000 index, with its market capitalization of approximately $10.15 billion far exceeding the $5.7 billion entry threshold. Additionally, on-chain data shows the company has continued to accumulate ETH aggressively, purchasing over 125,000 ETH in a single week valued at approximately $205 million, signaling management's unwavering commitment to its core reserve asset strategy.

BitMine Immersion Technologies is a digital asset technology company focused on acquiring, holding, and actively managing ETH as its primary treasury reserve asset, providing investors with indirect ETH exposure through equity and other capital market transactions.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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