Grayscale launches a Bitcoin mining-focused investment entity to purchase discounted mining equipment and deploy mining
According to ChainCatcher, as reported by Theblock, Grayscale is launching Grayscale Digital Infrastructure Opportunities, which is an "investment opportunity for mining hardware that supports the Bitcoin ecosystem." According to Grayscale's Head of Investor Relations, Rayhaneh Sharif-Askary, "In the coming months, mining equipment may be sold at a discount. GDIO will use investment capital to purchase this discounted mining equipment, which will then be deployed to mine Bitcoin, and the cash generated from selling Bitcoin will be distributed to investors."
Additionally, the company is collaborating with Foundry, an infrastructure company for digital asset mining and staking, which will manage daily operations. (Source link)
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