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

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

Crypto Asset Management giant Grayscale is rolling out a new investment product focused on Bitcoin (BTC) mining.

According to a new press release, the company is now offering private investments 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 enables us to create offerings that allow investors to put capital to work through various market cycles. Our team has long been committed to lowering the barrier to investing in the crypto ecosystem – from direct exposure to digital assets, to diversified thematic products, and now infrastructure through GDIO.”

Shades bills the product as “designed to capture the upside of crypto winters.” The investment’s operations will be managed by the company’s affiliated digital asset mining and staking infrastructure firm, Foundry.

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

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

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