GoMining has announced the launch of a new $100 million Bitcoin mining fund targeting institutional investors.
New Bitcoin Mining Fund
GoMining is launching the Alpha Blocks fund to attract institutional investors to Bitcoin mining. Custodied by Bitgo, the fund offers annual yield distributions from mined Bitcoin. Recently, companies like Metaplanet and Semler Scientific have started adding Bitcoin to their balance sheets, resulting in a stock price increase.
Investment Strategy and Benefits
The fund provides direct exposure to mined Bitcoin with a fully managed, compounding hashrate strategy. Bitcoin rewards are reinvested to enhance mining efficiency. According to a GoMining spokesperson, this model is built for performance rather than market sentiment.
Industry Impact and Regulation
GoMining Institutional operates with 7.3 exahash of active hash power. The fund ensures compliance with regulatory requirements and offers retail users access to a separate digital mining product. Since 2024, institutional investments in Bitcoin and other cryptocurrencies have risen significantly following the launch of cryptocurrency ETFs in the US.
The creation of GoMining's $100 million fund highlights the growing interest of institutional investors in the crypto industry, potentially accelerating its development through new strategies and integrations.
