Anushka Basu
2 min read
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KULR Technology Group, Inc. is set to be included in the Russell 3000 Index, effective after the U.S. market opens on June 30, according to the annual reconstitution of the Russell indexes for this year.
The Russell 3000 Index tracks the performance of the 3,000 largest publicly traded companies in the United States, based on their total market capitalization. Fund managers and other investment professionals widely use it as a benchmark to manage the performance of the U.S. stock market.
The index may include companies that are part of other related indexes, such as the Russell 1000 (for large companies), the Russell 2000 (for smaller ones), or growth value indexes that reflect the type of company based on financial measures.
KULR has also been selected for inclusion in the Russell Microcap Index, which comprises the smallest 1,000 companies in the Russell 2000 Index.
KULR creates highly disruptive products and technologies that address the evolving needs of electronics and energy storage for both commercial and military applications.
In late 2024, KULR also generated headlines when it announced that it would invest up to 90% of its excess cash reserves in Bitcoin as part of its treasury strategy.
Michael Saylor has praised KULR's approach to Bitcoin treasury, branding it as a bold alignment with sound money principles. KULR's CEO, Michael Mo, has also previously acknowledged Saylor's influence on their decision to adopt Bitcoin as a core treasury asset.
The Russell indexes are maintained by FTSE Russell, which is part of the London Stock Exchange Group. These indices are essential benchmarks for gauging investment performance, and more than $18 trillion is tied to them globally.
Beginning in 2026, FTSE Russell intends to update these indexes twice a year — once in June and then again in December, rather than just once — to stay better aligned with the marketplace as it evolves.
MicroStrategy-inspired KULR set to join Russell 3000 Index first appeared on TheStreet on May 27, 2025
