BTC Miner Griphon Digital Set to Join Russell Microcap Index

IconCryptoNewsTerminal Staff04 Jun, 2024

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BTC Miner Griphon Digital Set to Join Russell Microcap Index

Griphon Digital, a Bitcoin mining company, will become a part of the Russell Microcap Index starting July, as reported by The Block. The Russell Microcap Index consists of the 2,000 smallest publicly traded stocks in the United States, with market capitalizations below $300 million. Including Griphon Digital in the index highlights the growing recognition of Bitcoin mining as a legitimate investment opportunity. The company's presence in the index will provide greater exposure to investors and potentially attract more capital to the Bitcoin mining sector.