According to a report by the Bloomberg agency, BlackRock, the world's largest asset manager, is the second largest shareholder of the main Bitcoin miners. The firm has stakes in Marathon Digital Holdings, Riot Blockchain, and Hut 8 Mining.

This news has been met with some surprise from analysts, as BlackRock is a traditional and conservative company that does not normally invest in digital assets. However, the company has been exploring the cryptocurrency space in recent years and has gradually increased its exposure to it.

BlackRock's investment in Bitcoin miners could be a sign that traditional financial institutions are becoming more interested in the cryptocurrency market. This could help boost cryptocurrency acceptance among institutional investors and could lead to further market growth.

However, it is important to note that BlackRock's investment in Bitcoin miners does not mean that the company is endorsing the underlying technology. BlackRock could simply be trying to capitalize on the growth of the cryptocurrency market.

Source: Bloomberg