BlackRock boosted its Bitmine stake by 166% in Q4

BlackRock, the world's largest asset manager, significantly increased its stake in Bitmine (BMNR) during the fourth quarter of last year, Decrypt reported. According to a 13F-HR filing, BlackRock's holdings in the company grew by 166% from the previous quarter to $246 million. This move comes as Bitmine's stock has plummeted approximately 70% over the past six months, falling to around $20 per share.