GoMining launches $100M Bitcoin mining fund for institutional investors
GoMining is introducing a $100 million Bitcoin mining fund aimed at institutional investors, distinct from its product for retail miners. This fund, custodied by Bitgo, will feature a 2% annual management fee and provide annual distributions from mining yields, focusing on reinvesting Bitcoin rewards to enhance the fund’s hashrate and miner efficiency. With increasing institutional interest in Bitcoin, driven by regulatory clarity, the fund offers direct exposure to mined Bitcoin rather than passive equity investments. The Alpha Blocks Fund operates with 7.3 Exahash of active hash power, and unlike the retail-focused products, it is designed for larger investors looking for performance-driven outcomes in Bitcoin mining.
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