Summary by Futu AI
BlackRock, Inc., a major investment management corporation based in Delaware, has filed an amended Schedule 13G with the Securities and Exchange Commission on May 31, 2024, indicating a significant ownership stake in Marathon Digital Holdings, Inc. The filing reveals that BlackRock now beneficially owns 35,063,568 shares of Marathon Digital's common stock, which represents 12.4% of the company's class of securities. This position gives BlackRock sole voting power over 34,753,860 shares and sole dispositive power over the entire 35,063,568 shares, with no shared voting or dispositive power reported. The filing was made in accordance with Rule 13d-1(b) under the Securities Exchange Act of 1934, designating BlackRock as a parent holding company or control person. The document also notes that iShares Core S&P Small-Cap ETF, a BlackRock entity, holds more than five percent of Marathon Digital's outstanding common stock. The filing was signed by Spencer Fleming, Attorney-In-Fact for BlackRock, Inc., and dated June 7, 2024.