Vanguard Increased Investment in Bitcoin Mining Firms Marathon Digital and Riot, Both Rised over 400% YTD

Vanguard Group has increased its investment in the Bitcoin mining firms Marathon Digital Holdings and Riot Blockchain in two July 10 filings.

Vanguard is currently the second largest asset manager in the world, with $8.1 trillion of assets under management (AUM) as of 2022.

Vanguard now owns 10.31% of Marathon and 10.24% of Riot through its investments. Marathon Digital Holdings and Riot Blockchain have risen over 400% from the beginning of the year.

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