Marathon Digital Holdings, a top player in Bitcoin (BTC) mining, sees a surge in institutional investment. Notably, institutional holdings now stand at 38.9%, with a significant 104.2 million of Marathon’s 268 million shares owned by them. Leading this wave, Vanguard boasts 23.47 million shares (8.76%), followed closely by BlackRock with 17.19 million shares (6.42%). Jane Street holds 8.47 million shares (3.16%), Morgan Stanley owns 6.27 million shares (2.34%), and State Street controls 5.42 million shares (2.02%). Collectively, these giants command 22.7% ownership in Marathon.

This growing interest comes at a pivotal time as the Bitcoin community anticipates the block subsidy halving in April—a shift expected to slash miners’ revenue by nearly half, assuming stable BTC prices. Despite potential short-term revenue impacts, the substantial stakes of these institutions reflect a bullish outlook on Bitcoin’s value and Marathon’s future. It underscores a strategic alignment with the crypto industry’s dynamics, signaling Wall Street’s increasing influence and optimism in the blockchain and digital currency space.

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