Cryptocurrency Q&A
Does Blackrock have a stake in bitcoin miners?
Does Blackrock have a stake in bitcoin miners?
EtherealVoyager
Sun Sep 08 2024
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Have you heard any recent news or rumors about Blackrock, the world's largest asset manager, potentially investing in Bitcoin miners? It's a topic that's been generating a lot of buzz in the cryptocurrency community lately. With Blackrock's vast resources and influence, their decision to invest in this sector could have significant implications for the future of bitcoin and the entire crypto market. Do you have any insights or opinions on this matter?
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5 answers
CryptoElite
Mon Sep 09 2024
Additionally, they possess a 6.61% ownership interest in Riot Blockchain, further demonstrating their commitment to the blockchain and cryptocurrency sector.
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CryptoKing
Mon Sep 09 2024
On June 30, 2021, a regulatory filing by the SEC revealed a noteworthy investment by Blackrock, the global asset management giant overseeing $9 trillion in assets.
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Martina
Mon Sep 09 2024
The combined capital investment by Blackrock in these two miners totals an impressive $382,962,003.08 million, highlighting the increasing institutional interest in the Bitcoin mining industry.
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HallyuHeroLegendaryStarShine
Mon Sep 09 2024
The filing disclosed that Blackrock has acquired substantial equity in two prominent bitcoin miners, Marathon Digital Holdings and Riot Blockchain.
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Lucia
Mon Sep 09 2024
Specifically, Blackrock now holds a 6.71% stake in Marathon Digital Holdings, a significant position reflecting their confidence in the company's mining operations.
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