The launch of a fully regulated bitcoin mining fund announced
The product, developed by Final Frontier, provides investors with a regulated investment vehicle to gain exposure to bitcoin mining. It was engineered leveraging Bitfury’s expertise in hardware development and mining, and Final Frontier’s experience developing and structuring financial products.
For investors who recognize bitcoin’s potential as an investable asset, bitcoin mining provides an effective way to gain exposure to this asset class through investing in its infrastructure. Access to bitcoin mining has traditionally posed technological, logistical, financial and execution risk challenges to institutional investors. The new fund addresses these challenges by offering exposure to bitcoin mining via a fully regulated fund in a European jurisdiction, with top-tier service providers.
The fund invests in turnkey assets comprised of mining sites with some of the lowest electricity and operating costs globally that feature Bitfury datacenters. The sites are scouted and operated by Bitfury.