Venture Capital Firm DCG Launches Mining Operation as Bitcoin Profits Surge
Venture Capital Firm DCG has inaugurated a mining operation named Fortitude, set to mine Bitcoin along with several other tokens under a venture mining business model. The company seeks to identify high-growth digital assets within emerging proof-of-work ecosystems that offer attractive returns. DCG aims to use existing infrastructure and funds to expand operations, planning to reinvest cash flows for new machine acquisitions and site purchases later in the year. The move comes as mining Bitcoin proves highly profitable in 2025, with Bitcoin prices around $104,000 significantly surpassing the average mining costs of $26,000-$28,000. This initiative will not only bolster DCG's revenue amidst ongoing legal struggles, including a recent lawsuit from the SEC, but also enhances its position in the growing mining market.
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