BlackRock is a major shareholder in 4 of the 5 largest Bitcoin miners

BlackRock (NYSE: BLK) — one of the largest investment companies in the world — is positioning itself in the Bitcoin (BTC) mining industry. The investment giant is already the second-largest shareholder in four out of the five biggest Bitcoin miners by market capitalization.

According to the CompaniesMarketCap Index, the five largest Bitcoin miners sum up to $5.4 billion in market capitalization, and have registered massive losses in the last 30 days:

1. Riot Platforms Inc. (NASDAQ:RIOT): $1.92 billion market cap
2. Marathon Digital Holdings Inc (NASDAQ:MARA): $1.83 billion market cap
3. Cipher Mining Inc (NASDAQ:CIFR): $0.74 billion market cap
4. Hut 8 Mining Corp (NASDAQ:HUT): $0.50 billion market cap
5. Terawulf Inc (NASDAQ:WULF): $0.41 billion market cap