BlackRock’s Bitcoin strategy involves investments in top mining companies

The world’s largest asset manager, BlackRock, is increasing its exposure to Bitcoin by investing in the top five miners of the flagship digital asset.

According to the CompaniesMarketCap index, the top five Bitcoin miners are Riot Platforms, worth $1.92 billion; Marathon Digital, $1.83 billion; Cipher Mining, $0.74 million; Hut 8 Mining, $0.5 billion; and TeraWulf Inc, $0.41 billion. Of these five, it is only Hut 8 that BlackRock has yet to invest in.