SharpLink, BitMine Added to Russell 3000 After MicroStrategy's 146% Rally
SharpLink Gaming and BitMine Immersion joined the Russell 3000 in 2026, replicating MicroStrategy's June 2024 Russell 1000 promotion after a 146% share rally. SharpLink posted Q1 loss per share of $3.25 on $12.1M revenue; BitMine Q2 EPS was -$0.08.
1. Index Additions Mirror MicroStrategy's Strategy
SharpLink Gaming and BitMine Immersion Technologies were added to the Russell 3000 Index in the 2026 reconstitution, following in the footsteps of MicroStrategy’s June 2024 promotion to the Russell 1000 and its June 2025 inclusion in the Russell Top 200 Value Index after a 146% share price surge.
2. SharpLink Gaming Q1 Financials
SharpLink reported first-quarter 2026 results with a loss per share of $3.25 versus an estimated loss of $0.62, representing a 424% earnings miss. Revenue came in at $12.06 million, falling 17.4% short of the $14.6 million consensus forecast.
3. BitMine Immersion Q2 Results and Outlook
BitMine Immersion posted second-quarter 2026 EPS of -$0.08 on revenue of $11.04 million. Despite the loss, analysts project a 48.3% increase in earnings to $0.43 per share next year, reflecting optimism around its growing Ethereum mining and treasury strategy.