The world’s largest investment company with $ 9 trillion in assets holds 6.71% of Marathon Digital Holdings and 6.61% of Riot Blockchain.
Investment company BlackRock, which manages $ 9 trillion in assets, has acquired stakes in two miners: Marathon Digital Holdings and Riot Blockchain.
This became known from the reporting for the US Securities and Exchange Commission (SEC) on June 30, writes Forbes .
The total investment in both companies was $ 382.9 million. BlackRock now holds 6.71% of Marathon Digital Holdings and 6.61% of Riot Blockchain.
In early August, the Fidelity Group and Vanguard Group announced their stakes in mining companies.
In January, BlackRock sent a statement to the SEC, from which it became known that two of its funds – BlackRock Funds V and BlackRock Global Allocation Fund – are considering the possibility of trading Bitcoin futures. Then the company first announced its interest in cryptocurrency.
In April, BlackRock began trading Bitcoin, trades in futures on the Chicago Mercantile Exchange (CME).
In April, the company held 37 contracts with an expiration date of March 26th. Their par value was $ 6.1 million, and the unrealized profit was $ 360 thousand.
Read More…
The Rothschild Foundation has invested in a cryptocurrency platform
A well-known businessman explained the reluctance of investors to buy cryptocurrency