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KULR Technology Group will be included in the Russell 3000 Index on June 30, with Bitcoin as its main asset

2025-05-27 22:04:04
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ChainCatcher news, according to GlobenewsWire, KULR Technology Group (NYSE American: KULR) announced today that it will officially join the Russell 3000 Index after the U.S. market opens on June 30, 2025, as part of the 2025 Russell Index reconstitution.

The company's CEO Michael Mo stated that this milestone will enhance KULR's visibility and liquidity among institutional investors. The Russell Index is a benchmark widely used by investment managers and institutional investors, with approximately $10.6 trillion in assets benchmarked to the Russell U.S. Index as of the end of June 2024.

It is noteworthy that KULR announced in December 2024 that its board had agreed to adopt Bitcoin as a primary asset and committed to using up to 90% of its remaining cash for Bitcoin acquisitions.

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