BitMine Immersion Technologies was placed on FTSE Russell’s preliminary Russell 1000 inclusion list after its market capitalization exceeded the minimum threshold, according to a June 23 update cited by Chairman Tom Lee on X. The new report adds a stronger claim about potential market impact, saying final inclusion could trigger forced buying from passive funds worth billions of dollars. The available material still does not confirm BitMine’s final addition to the index, but it reinforces investor focus on how index-tracking demand could affect the company’s market profile and trading dynamics.