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.

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