Saturday, April 20, 2024

4 months into 2024 (Halving, Bitcoin ETF, FTX Sam Bankman-Fried, and Craig Wright is not Satoshi Nakamoto)

We are only 4 months into 2024 and already these major events have happened:

1. The Bitcoin Halving (reducing supply from 6.25 to 3.125 BTC)

2. The Bitcoin ETF approval in the USA (by the SEC)

3. Sam Bankman-Fried imprisonment (FTX)

4. Craig Wright is not Satoshi Nakamoto (UK judge)

Ready for the next 8 months of 2024?...


Friday, April 12, 2024

BlackRock has big influence in the Bitcoin ecosystem, but who owns BlackRock?

BlackRock has big influence in the Bitcoin ecosystem. For example with the development of the Bitcoin ETF (IBIT) and investments within the Bitcoin Mining Industry (such as Marathon and Riot) but who owns large chunks of BlackRock?

  • The Vanguard Group, Inc. = 8.23%
  • BlackRock Fund Advisors = 4.42%
  • SSgA Funds Management, Inc. = 3.93%
  • Temasek Holdings Pte Ltd. (Investment Management) = 3.42%
  • Capital Research & Management Co. (Global Investors) =2.63%
  • Capital Research & Management Co. (World Investors) = 2.36%
  • Managed Account Advisors LLC = 2.16%
  • Charles Schwab Investment Management, Inc. = 2.13%
  • Morgan Stanley Smith Barney LLC (Investment Management) = 1.90%
  • Geode Capital Management LLC = 1.78%

BlackRock investors

(Source: The Financial Times 12 April 2024 

[https://markets.ft.com/data/equities/tearsheet/profile?s=BLK:NYQ]

Wednesday, April 10, 2024

BlackRock, Vanguard, et al own a large percentage of Marathon Digital Holdings Inc (MARA), Riot Platforms Inc (RIOT) and Coinbase Global Inc (COIN)

As a snapshot, it is interesting and enlightening to see some of the large percentage of owners within the Bitcoin ecosystem:

  • Marathon Digital Holdings Inc (MARA): The Vanguard Group owns 8.55% and BlackRock 5.73%
  • Riot Platforms Inc (RIOT): 10.21% is owned by The Vanguard Group and 6.74% by BlackRock
  • Coinbase Global Inc (COIN): 7.19% is owned by The Vanguard Group, 4.4% by ARK Investment Management, and 3.38% by BlackRock
Marathon Digital Holdings Inc (MARA) 
Marathon Digital Holdings Inc (MARA)
Marathon Digital Holdings Inc (MARA) 
Riot Platforms Inc (RIOT)
Riot Platforms Inc (RIOT)
Riot Platforms Inc (RIOT)
Coinbase Global Inc (COIN) 
Coinbase Global Inc (COIN)
Coinbase Global Inc (COIN) 

(Source: The Financial Times, 10 April 2024)

Any date from 2009 to 2051 Bitcoin Price (Log/Log) Power Law Growth Corridor

Bitcoin Price Growth Corridor Log/Log Power Law Inspired by 1) Giovanni's BTC_POWER_LAW @Giovann3508411 2) Harold Burger @hcburger1 Date...