BlackRock Triples Stake in BitMine to 9 Million Shares
The asset manager significantly increased its position in BitMine (BitMNR), a firm associated with Tom Lee and noted as a major Ethereum holder.
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Terms & Concepts
Form 13F: A quarterly report filed with the SEC by institutional investment managers with over $100 million in qualifying assets, disclosing their U.S. equity holdings.
Ethereum: A decentralized blockchain platform that establishes a peer-to-peer network that securely executes and verifies application code, called smart contracts.