BlackRock ETFs hold $384 million of shares in Bitcoin mining firms

Cointelegraph

Published Aug 19, 2021 11:39PM ET

Updated Aug 20, 2021 01:40AM ET

Filings submitted by the $9 trillion multinational investment manager BlackRock (NYSE:BLK) 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 (NASDAQ:RIOT).

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