BTCS Included in Russell Microcap Index as Ether Treasury Firms Continue Robust Performance

BTCS Joins Russell Microcap Index as Ether Treasury Strategy Gains Momentum

Blockchain technology firm BTCS has been added to the Russell Microcap Index, a move expected to boost visibility among institutional investors and index-tracking funds. The company’s stock surged more than 22% in pre-market trading on the news, extending a rally that has doubled its share price over the past month.

BTCS’s inclusion comes amid renewed investor interest in companies with Ethereum-centric strategies. The firm recently unveiled a $100 million capital allocation plan to expand its ETH holdings and validator infrastructure. Through its ChainQ analytics suite and staking operations, BTCS is positioning itself at the forefront of a growing on-chain treasury trend.

The rally isn’t limited to BTCS. GameSquare (GAME), which has committed $100 million toward Ethereum accumulation, saw its shares jump 45% ahead of an investor call to detail its blockchain roadmap. Meanwhile, SharpLink Gaming (SBET) — now the largest known corporate holder of ETH — gained 16.6% in pre-market hours, building on Tuesday’s 21.3% surge.

While ether remains down roughly 5% on the year, the asset has posted a 20% gain over the last 30 days, buoyed by growing adoption among publicly traded companies. Bitcoin, by comparison, has risen over 25% in 2025.

The Russell Microcap Index addition marks a key milestone for BTCS and reflects a broader shift in market dynamics — one where ETH-backed treasuries are increasingly seen as a strategic advantage in the digital asset space.