Ego Death Capital, founded in 2022, has announced a $100 million fund focused on companies developing Bitcoin software. The fund aims to support startups solving real-world problems through Bitcoin technology.
Creation of the $100 Million Fund
Ego Death Capital has successfully raised $100 million to support companies using the Bitcoin protocol. Announced on July 8, the fund targets companies with annual revenues between $1 million and $3 million, reflecting growing trust in Bitcoin for real applications.
Ego Death Capital's Strategy
Led by founding partner Nico Lechuga, the fund emphasizes investment in legitimate companies utilizing Bitcoin for genuine solutions rather than speculative assets. The company's strategy focuses on building Bitcoin infrastructure, providing crucial funding for startups facing financial challenges.
Bitcoin's Future Prospects and Infrastructure Solutions
As of July 8, 2025, Bitcoin (BTC) is trading at $108,969.75 with a market cap of $2.17 trillion, accounting for 64.34% of the overall market. In the last 90 days, Bitcoin's price has risen by 31.09%. Ego Death Capital's investments are directed towards supporting companies utilizing solutions like the Lightning Network, indicating a growing focus on Bitcoin's infrastructure capabilities.
The establishment of the $100 million fund by Ego Death Capital underscores a commitment to developing Bitcoin infrastructure and supporting startups addressing significant challenges through crypto technologies.
