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Glonhui, June 23rd | Building materials giant CRH announced that it will acquire peer company Arcosa for approximately $8.5 billion in an all-cash transaction, aiming to expand its infrastructure products business and strengthen its market position in North America. According to the agreement, CRH will acquire Arcosa shares at $150 per share, representing a 25% premium over Arcosa's 60-day volume-weighted average share price as of June 18. CRH CEO Jim Mintern stated in a press release that the acquisition reinforces CRH’s position as a leader in North American infrastructure and advances its aggregates-focused business portfolio strategy.

On June 23, according to Onchain Lens monitoring, a certain whale opened long positions valued at a total of $24.34 million, which includes 225,004 SOL (20x leverage) and 4,723 ETH (25x leverage).

Bitmine announced on X platform that it meets the eligibility criteria for inclusion in the Russell 1000 Index. The final list will be published on June 18, and the restructured index will take effect on June 26. Many active fund managers invest only in Russell 1000 constituent stocks, and passive index funds and ETFs are expected to hold 20% to 25% of the market capitalization of included stocks.