BlackRock, The World’s Largest Asset Manager, Invests In Bitcoin Mining

BlackRock, The World’s Largest Asset Manager, Invests In Bitcoin Mining

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On Thursday it was reported that BlackRock allocated over $382 million to shares of Marathon Digital Holdings & Riot Blockchain. Forbes discovered an SEC filing dated 30 June 2021, which shows that Blackrock, with over $9 trillion in assets under management, bought significant shares of the Bitcoin mining companies.

Blackrock’s investment stakes 6.71% ($206,791,012.04) in Marathon Digital Holdings and 6.61% ($176,170,991.04) in Riot Blockchain, making it the second largest stakeholder in both companies after Vanguard Group, according to Forbes.

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