Replying to Avatar mcshane

Blackrock is the 2nd-largest shareholder in 4 out of the 5 biggest Bitcoin miners by market capitalization. It owns:

RIOT: 10,749,369 shares (6.14%)

MARA: 10,938,032 shares (6.44%)

CIFR: 2,200,654 shares (0.88%),

WULF: 4,831,312 shares (2.28%)

for a total value of over $411.54 million, equal to just 0.35% of Blackrock's $117.6 billion in AUM.

The firm's #Bitcoin accumulation exposure is just beginning.

Avatar
Moon 2y ago

Bitcoin mining stocks confer no real bitcoin exposure

Reply to this note

Please Login to reply.

Discussion

No replies yet.