- Grayscale announces the launch of the Grayscale Digital Infrastructure Opportunity (GDIO)
- New venture rolls out to all individuals with minimum commitment of $25,000
- Foundry USA Becomes Second Largest Bitcoin Mining Pool Last Year
Grayscale announces the launch of the Grayscale Digital Infrastructure Opportunity (GDIO)
New venture rolls out to all individuals with minimum commitment of $25,000
Foundry USA is the second largest Bitcoin Last year’s mining pool
According to Cointelegraph, the new organization will be open to individuals and accredited institutional investors with a minimum commitment of $25,000.
Digital currency investment services Grayscale Investments LLC announced on October 6 that it will launch a joint investment vehicle known as Grayscale Digital Infrastructure Opportunities (GDIO). cipher Foundry of mining and staking companies.
According to the company, Crypto winter will cipher Miner. The company aims to offer crypto mining equipment that is typically very expensive at a low price, empowering crypto miners to weather these ongoing crypto winters.
How does the new grayscale bitcoin mining product work
Company says this new venture will roll out to everyone cipher Minor and all accredited institutional investors with a minimum commitment of $25,000. And according to the news, the funding process will be completed by the end of the year, offering liquidity on par with private equity over a three- to five-year investment horizon. At the same time, there are several criteria that an accredited investor must meet, such as income, net worth, qualifications, and expertise in the financial markets.
At a press conference, Grayscale CEO Michael Sonnenschein said:
unique position in the center of the grayscale cipher The ecosystem allows us to create offerings that allow investors to put their capital in various market cycles. Our team has long worked to lower the barriers to investment in the crypto ecosystem – from direct digital asset exposure to diverse thematic products and infrastructure with GDIO.
Grayscale does not directly handle the Grayscale Digital Infrastructure Opportunity (GDIO).Foundry cipher The mining and stalking company operates as one of the largest Bitcoin mining pools under the same parent company as Grayscale. And last year Foundry USA became his second largest Bitcoin mining pool.
Amid ongoing rough stages and high prices cipher Mining Equipment Many companies have been doing their best to find a solid path for crypto miners. announced a $33 million deal to acquire
Foundry CEO Michael Colyer said his team is very excited about partnering with Grayscale on the digital infrastructure opportunity. The partnership will help crypto miners find new opportunities and survive the ongoing crypto winter.he added further
“Foundry has worked to advance our mission through our suite of products, industry knowledge, hosting relationships, and the #1 pool in the world, Foundry USA Pool. We look forward to helping create new opportunities for