BlackRock increased its stake in Bitmine in the fourth quarter of last year.
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BlackRock, the world's largest asset manager, has significantly increased its stake in Bitmine (BMNR), Decrypt reported. BlackRock disclosed in its 13F-HR filing that its Bitmine holdings had increased by 166% quarter-on-quarter to $246 million as of the fourth quarter of last year. Meanwhile, Bitmine's stock price has plummeted by approximately 70% over the past six months, falling to around $20 per share.
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