Another crypto firm joins Russell 1000

Bitcoin mining is a dead end. IREN’s pivot to AI and its $9.7 billion Microsoft deal prove that "pure-play" miners can’t survive. Even more polarizing, the Russell 1000 is now absorbing these volatile firms, including BitMine, which controls nearly 5% of the entire Ethereum supply. Passive investors are being forced into massive crypto exposure through what used to be "safe" benchmarks. Is the Russell 1000 becoming a proxy for the crypto market? Do you agree?
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