Grayscale Digital Asset Giant Launches New Bitcoin Investment Product and Crypto Infrastructure

Crypto asset management giant Grayscale is launching a new investment product focused on Bitcoin (BTC) mining.

According to a new press release, the company is now offering private investment in Bitcoin mining hardware through Grayscale Digital Infrastructure Opportunities LLC (GDIO).

Explains Grayscale CEO Michael Sonnenshein,

“Grayscale’s unique position at the center of the crypto ecosystem allows us to create offerings that allow investors to put capital to work through different market cycles. Our team has long been committed to lowering the barrier to investing in the crypto ecosystem, from direct digital asset exposure to diversified thematic products and now infrastructure through GDIO.”

Grayscale bills the product as “designed to capture the silver lining of crypto winter.” The investment operations will be managed by the company’s affiliated digital asset mining and staking infrastructure company, Foundry.

GDIO is open to accredited individual and institutional investors. The US Securities and Exchange Commission (SEC) defines accredited investors as individuals with $200,000 in annual income or $300,000 in joint income over the past two years and an expectation that they will match that in the current year.

Grayscale currently offers 17 other digital asset investment products. The largest is Grayscale Bitcoin Trust (GBTC), which has over $12.7 billion in assets under management at the time of writing.

Don’t miss a thing – sign up for crypto email alerts straight to your inbox

Check price action

Follow us TwitterFacebook and Telegram

Surf The Daily Hodl Mix

See the latest news headlines


Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl is involved in affiliate marketing.

Featured Image: Shutterstock/Who is Danny

Leave a Comment