Grayscale announces new wing to invest in Bitcoin mining
Grayscale Investments announced the launch of Grayscale Digital Infrastructure Opportunities LLC (“GDIO”), a Bitcoin mining hardware co-investment opportunity. The company intends to acquire mining equipment at cheaper prices during the crypto winter by utilising its connected staking infrastructure firm, Foundry, as reported by Cointelegraph.
According to Bloomberg, the fundraising is expected to be finished by the end of the year and will provide liquidity equivalent to private equity or infrastructure assets with a three-to-five-year investment horizon. Accredited investors must meet certain criteria in terms of income, net worth, qualifications, and financial market understanding. institutional accredited investors for a minimum commitment of $25,000.
Source
t.me/Mining_Crypto_Miner
