Multiple crypto firms appear on the preliminary inclusion list for the Russell Index; Bitmine and Galaxy may join the Russell 1000.
FTSE Russell announced the preliminary inclusion list for the Russell 3000 Index, which includes crypto-related companies such as Sharplink, Forward Industries, Gemini, Galaxy Digital, and Bitmine Immersion Technologies. Among them, Sharplink—valued at approximately $1.2 billion—and Forward Industries—valued at roughly $350 million—may qualify for inclusion in the Russell 2000; Bitmine and Galaxy Digital—which has a market capitalization of approximately $11.55 billion—may meet the eligibility threshold for the Russell 1000. The Russell 3000 tracks the 3,000 largest U.S.-listed companies by market capitalization. The final list will be updated on June 5, June 12, and June 18, and will take effect after the U.S. market close on June 26.