BlackRock Inc. (NYSE: BLK), the world’s top asset manager, which controls an astonishing $9 trillion, invested in two publicly traded cryptocurrency mining companies.

What Happened: BlackRock’s Form 13F SEC filings reveal that it has acquired stakes in cryptocurrency mining firms Marathon Digital Holdings (NASDAQ:MARA) and Riot Blockchain Inc. (NASDAQ:RIOT).

More precisely, the asset management behemoth acquired 6.71% of Marathon Digital Holdings, equivalent to about $207 million, and 6.61% of Riot Blockchain, equivalent to about $175 million. RE World’s Biggest Asset Manager BlackRock Bought $383M Of Crypto Mining Stocks | Markets Insider (businessinsider.com)

By block head

Block Head is a blockchain journalist.