Photo by Pierre Borthiry-Peiobty on Unsplash
Three of the four largest Bitcoin mining companies are listed on the NASDAQ exchange. RIOT is Riot Platforms, CIFR is Cipher Mining, Inc. and WULF is TeraWulf, Inc. Interestingly, the world’s largest investment company, BlackRock (BLK on NYSE) is buying big quantities of those stocks in the dip.
The July 24 issue of AGREEN1 shared that BlackRock received SEC approval for a Bitcoin ETF. This will offer investors exposure to Bitcoin without buying the cryptocurrency on a cryptocurrency exchange like Coinbase or Gemini. That was less than two months ago, and now it has been reported that the behemoth is buying large quantities of the largest bitcoin mining companies. See how they run, yes?
