![\"Snimok-ekrana-2023-08-30-v-17.01.05\"](\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2023-08-30-v-17.01.05-1024x401.png\")
According to the report, on July 30 BlackRock bought shares of leading digital-asset miners on a pullback:<\/p>\n
- \n
- Riot Blockchain (RIOT) \u2014 10.7 million shares (6.14%) worth $199.08 million;<\/li>\n
- Marathon Digital (MARA) \u2014 10.9 million shares (6.44%) worth $190 million;<\/li>\n
- Cipher Mining (CIFR) \u2014 2.2 million shares (0.88%) worth $8.36 million;<\/li>\n
- TeraWulf (WULF) \u2014 4.8 million shares (2.28%) worth $14.10 million.<\/li>\n<\/ul>\n
The total value of the venture firm\u2019s investments represents 0.35% of the $117.6 billion it manages.<\/p>\n
Moreover, BlackRock\u2019s current stake makes it one of the largest holders by volume among the members of the Bitcoin Mining Council<\/a> \u2014 the Bitcoin-industry lobbying group in the United States.<\/p>\n
Earlier, on June 15, the investment company filed<\/a> with the SEC<\/span> an application to register a spot Bitcoin fund. Following that, similar filings were made by Valkyrie<\/a>, Fidelity Investments<\/a>, WisdomTree and Invesco<\/a>.<\/p>\n
In July, it emerged that the regulator has begun reviewing<\/a> all submitted forms. So far the Commission has not approved any ETF<\/a> based on the spot-price of digital gold.<\/p>\n
In the same month, BlackRock CEO Larry Fink said<\/a> of cryptocurrencies\u2019 significant role in democratizing investment and in the firm\u2019s development. Earlier, he called<\/a> Bitcoin an “international asset” that investors can buy instead of precious metals to hedge against inflation.<\/p>\n","protected":false},"excerpt":{"rendered":"
The investment giant BlackRock holds shares in four cryptocurrency mining companies worth $411 million.<\/p>\n","protected":false},"author":1,"featured_media":83797,"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":[865,1137,1133],"class_list":["post-83796","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blackrock","tag-cryptocurrency-mining","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"96","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/83796","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=83796"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/83796\/revisions"}],"predecessor-version":[{"id":83798,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/83796\/revisions\/83798"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/83797"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=83796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=83796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=83796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}