Crypto stocks make up 20% of Russell 1000’s top Q3 gainers

  • Tom Lee identified crypto-linked stocks among Russell 1000’s leading third-quarter performers.
  • BitMine gained 99%, ranking fourth, while Strategy, Circle and Bullish rose 67%, 65% and 55%.
  • The Russell 1000 comprises the 1,000 largest U.S. companies by market capitalization.

About 20% of the Russell 1000’s best-performing stocks since the start of the third quarter have been linked to the cryptocurrency industry, BitMine Chairman Tom Lee said in a Sept. 4 post on X. BitMine gained 99% to rank fourth among Russell 1000 constituents, followed by Strategy at 67%, Circle at 65% and Bullish at 55%. With about one month remaining in the third quarter, Lee said crypto-linked stocks with strong returns could become investors’ next area of focus. The Russell 1000 tracks the 1,000 largest U.S. companies by market capitalization.

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