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BlackRock ETFs hold $384 million of shares in Bitcoin mining firms
Filings submitted by the $9 trillion multinational investment manager BlackRock reveal the firm has made significant investments in two leading publicly traded Bitcoin mining firms. A June 30 filing submitted to the U.S. Securities and Exchange Commission, unearthed by Forbes, shows that BlackRock owns a 6.71% stake in Marathon Digital Holdings (MARA) and 6.61% of Riot Blockchain (RIOT). In total the investments are valued at nearly $384 million, with BlackRock having purchased nearly $207 million worth of Marathon and $176 million worth of Riot. According to Etf.com, BlackRock’s iShares Russell 2000 ETF holds more ... (full story)
