{"id":47979,"date":"2021-08-20T10:10:58","date_gmt":"2021-08-20T07:10:58","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=47979"},"modified":"2025-09-01T23:59:32","modified_gmt":"2025-09-01T20:59:32","slug":"blackrock-buys-stakes-in-marathon-digital-holdings-and-riot-blockchain","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/blackrock-buys-stakes-in-marathon-digital-holdings-and-riot-blockchain\/","title":{"rendered":"BlackRock buys stakes in Marathon Digital Holdings and Riot Blockchain"},"content":{"rendered":"<p>The international investment company BlackRock, Inc., managing more than $8.7 trillion in assets, <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/0001364742\/000108636421000071\/xslForm13F_X01\/form13fInfoTable.xml\">acquired<\/a> stakes in Nasdaq-listed mining firms Marathon Digital Holdings and Riot Blockchain.<\/p>\n<p>According to the 13F form dated June 30, 2021, BlackRock acquired 6.71% of Marathon Digital Holdings&#8217; shares (about $207 million) and 6.61% of Riot Blockchain (about $175 million). The total value of its positions stood at $382.96 million.<\/p>\n<p>According to ETF.com, among exchange-traded funds, the BlackRock-owned iShares Russell 2000 ETF is the largest holder of Marathon Digital Holdings (MARA) and Riot Blockchain (RIOT) securities \u2014 it holds about <a href=\"https:\/\/www.etf.com\/stock\/MARA\">2.14 million MARA<\/a> and <a href=\"https:\/\/www.etf.com\/stock\/RIOT\">1.9 million RIOT<\/a>. The iShares Russell 2000 Value ETF ranks third in the same categories.<\/p>\n<p>Over the past year, Marathon Digital Holdings&#8217; shares <a href=\"https:\/\/www.nasdaq.com\/market-activity\/stocks\/mara\">have risen<\/a> by more than 800% and are now trading near $31.80. Over the same period, Riot Blockchain&#8217;s shares <a href=\"https:\/\/www.nasdaq.com\/market-activity\/stocks\/riot\">have surged<\/a> 704%, to $32. By comparison, the price of Bitcoin over 12 months has risen 300%.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"314\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/perf-1024x314.png\" alt=\"BlackRock buys stakes in Marathon Digital Holdings and Riot Blockchain\" class=\"wp-image-146267\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/perf-1024x314.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/perf-300x92.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/perf-768x236.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/perf-1536x471.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/perf.png 1712w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Returns on Bitcoin and mining stocks. Data: <a href=\"https:\/\/www.theblockcrypto.com\/data\/crypto-markets\/prices\/crypto-mining-stocks-returns\">The Block<\/a>.<\/figcaption><\/figure>\n<p>Earlier, Fidelity Investments, which manages assets of $10.4 trillion, invested in Marathon Digital Holdings. It <a href=\"https:\/\/u1f987.com\/en\/news\/fidelity-investments-buys-stake-in-marathon-digital-holdings\">acquired 7.4% of the miner&#8217;s shares<\/a>.<\/p>\n<p>In April, BlackRock added to the BlackRock Global Allocation Fund portfolio <a href=\"https:\/\/u1f987.com\/en\/news\/blackrock-with-8-7-trillion-in-assets-invested-in-bitcoin-futures\">Bitcoin futures traded on the Chicago Mercantile Exchange<\/a>.<\/p>\n<p>In May, <a href=\"https:\/\/u1f987.com\/en\/news\/blackrock-chief-says-cryptocurrencies-have-long-term-potential\">the organization is studying cryptocurrencies<\/a> for hedging market cycles.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener\">VK<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The international investment company BlackRock, Inc., which manages assets of more than $8.7 trillion, acquired stakes in Nasdaq-listed mining firms Marathon Digital Holdings and Riot Blockchain.<\/p>\n","protected":false},"author":1,"featured_media":47980,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[865,52,1185,1186,1211],"class_list":["post-47979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blackrock","tag-investments","tag-marathon-digital-holdings","tag-riot-platforms","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"57","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/47979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=47979"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/47979\/revisions"}],"predecessor-version":[{"id":47981,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/47979\/revisions\/47981"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/47980"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=47979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=47979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=47979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}