For institutional investors looking to dive deeper into digital assets, GoMining has just dropped a $100 million Bitcoin mining fund called Alpha Blocks Fund.
GoMining, known for democratizing Bitcoin mining through data centers, will have Bitgo act as custodian for the fund. The proposition includes annual distributions from mining yield, with a core strategy centered on accumulating Bitcoin and reinvesting profits.
The launch taps into growing institutional interest in Bitcoin; recent examples include Metaplanet and Semler Scientific adding Bitcoin to their balance sheets, moves that correlated with upticks in their stock values.