The post BlackRock Emerges as 2nd Major Investor in Bitcoin Mining Companies! appeared first on Coinpedia Fintech News

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.