Grayscale Establishes Company To Invest In Bitcoin Mining Equipment

On October 6, Grayscale Investments revealed the establishment of Grayscale Digital Infrastructure Opportunities LLC (GDIO), a co-investment opportunity centered on Bitcoin mining equipment. The company intends to purchase mining equipment during the crypto winter at a discount by utilizing its associated staking infrastructure company, Foundry. Foundry maintains one of the world’s largest mining pools, Foundry USA, within the same parent organization as Grayscale, the Digital Currency Group. After China’s prohibition on cryptocurrency trade and mining, Foundry USA overtook it as the second-largest Bitcoin mining pool last year. NEW TODAY: We’re teaming up with @FoundryServices to launch Grayscale Digital Infrastructure Opportunities LLC (GDIO), a private co-investment opportunity in the mining hardware that powers the #Bitcoin ecosystem. 🧵 https://t.co/JyjilwIm48 pic.twitter.com/jR4RMtVul8 — Grayscale (@Grayscale) October 6, 2022 Grayscale Investments – Digital Currency Asset Management The company provides investors with exposure to the digital economy via a portfolio of safe, regulatory, and forward-thinking investment solutions. Grayscale, a digital currency asset management founded in 2013, has a solid track record. According to the business, individuals and authorized institutional investors can purchase shares of the new corporation for a minimum investment of $25,000 each. The funding would provide liquidity comparabl...