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BlackRock Emerges as 2nd Major Investor in Bitcoin Mining Companies!

Crypto Live News

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

BlackRock, the world’s biggest asset manager, has become the second-largest shareholder in four top Bitcoin mining firms via filings with the SEC. BlackRock has been gradually increasing its exposure to cryptocurrency holdings recently, with this move seen by many as a positive sign for long-term Bitcoin growth. The move comes as Bitcoin mining activity and price continue to surge, courtesy of increasing demand from institutional investors and retail traders alike.

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