$9 Trillion Asset Manager BlackRock Invested in Bitcoin Mining Stocks

2 years ago 238
The world’s largest asset manager BlackRock, with $9 trillion in assets under management has taken significant stakes in two publicly traded bitcoin mining firms through a capital commitment just shy of $383 million. According to Forbes, BlackRock invested $206.7 million to buy 6.71% of Marathon Digital Holdings and $176.1 million to buy 6.61% Riot Blockchain. […]
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