5 institutional investors own 22% of the largest Bitcoin mining company
Marathon Digital Holdings (NASDAQ: MARA) is the world’s largest publicly traded Bitcoin (BTC) mining company. Institutional investors have gradually increased their positions in Marathon despite the block subsidy halving expected in April. In particular, institutional investors own 38.9% of Marathon’s outstanding shares, holding 104,212,740 out of the 268 million. Finbold gathered this data from Nasdaq , which also shows the top five institutional shareholders of the Bitcoin mining company. First, Vanguard holds 23.47 million shares (8.76%). Next, BlackRock and Jane Street have 17.19 million (6.42%) and 8.47 million (3.16%), respectively. Morgan Stanley has 6.27 million (2.34%) and State Street is the fifth- largest with 5.42 million (2.02%). Picks for you Opportunity? XRP enters final phase before official bull run 2 hours ago This crypto ‘smart trader’ profited over $1.3 million since March 1 4 hours ago AI builds the ideal crypto portfolio for 2024 5...