Bitcoin Miner Hut 8 Secures Spot in Russell 3000 Index
Portfolio Pulse from Benzinga Newsdesk
Hut 8 Corp. (Nasdaq: HUT), a major Bitcoin miner, will join the Russell 3000 Index at the conclusion of the 2024 Russell U.S. Indexes annual reconstitution, effective July 1, 2024. This inclusion is based on market capitalization rankings as of April 30, 2024.
June 27, 2024 | 10:36 am
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Hut 8 Corp. will be included in the Russell 3000 Index, which could increase its visibility and attract more institutional investors.
Inclusion in the Russell 3000 Index typically leads to increased visibility and can attract institutional investors, potentially driving up the stock price. The news is highly relevant and important for Hut 8 investors.
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RELEVANCE 100