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Are riot blockchain and marathon digital holdings the same?

Both Bitcoin miners remain volatile investments. Riot Blockchain ( RIOT 9.31%) and Marathon Digital Holdings ( MARA 15.78%) are both Bitcoin ( BTC 1.47%) mining companies. Both originally operated completely different businesses before pivoting toward Bitcoin mining.

Is marathon digital a bitcoin miner?

Learn More The Bitcoin miner faces plenty of long-term challenges. Marathon Digital Holdings ( MARA 1.92%) stunned many investors last year when it transformed itself from a patent-holding company to a Bitcoin ( BTC 0.45%) mining one.

Does Blackrock have a stake in riot blockchain?

SEC filings dated June 30 show BlackRock with stakes in Marathon Digital Holdings and Riot Blockchain. BlackRock, the world's largest asset manager, had nearly $400 million invested in bitcoin mining companies at the end of the second quarter, according to U.S. Securities and Exchange Commission (SEC) filings.

Is Blackrock looking to hire a blockchain lead?

BlackRock declined to comment on the particulars of the deal, but according to today’s Q1 earnings call, beyond cryptocurrencies and stablecoins, the company is also exploring asset tokenization and permissioned blockchains. In June, it was reported that BlackRock was looking to hire a blockchain lead.

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