'Bitcoin Purchase' KULR Tech Expected to Join Russell 3000 Index

Source
Uk Jin

Summary

  • The Street reported that KULR Technology is expected to be included in the Russell 3000 Index.
  • KULR recently purchased $9 million worth of Bitcoin and announced it holds 800 Bitcoins.
  • KULR is expected to be included in the Russell Microcap Index within the Russell 3000 Index.

KULR Technology, which previously garnered attention from the virtual asset (cryptocurrency) market by starting to purchase Bitcoin (BTC), is expected to join the Russell 3000 Index.

On the 27th (local time), The Street reported that KULR Technology is projected to be included in the Russell 3000 Index on June 30th, following this year's annual reconstitution of the Russell Index.

The Russell 3000 Index calculates the stock index of the top 3000 listed companies in the United States, with inclusion based on market capitalization.

KULR is expected to be included in the Russell Microcap Index, which consists of the smallest 1000 companies within the Russell 3000 Index.

Previously, on the 20th, KULR purchased approximately $9 million worth of Bitcoin. Currently, KULR holds 800 Bitcoins.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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