New Bitcoin Offer from Grayscale who wants to turn the bear market into an opportunity!

Crypto asset management firm grayscale, cryptocurrency mining announced the launch of a new investment vehicle in the field.

In this context, Grayscale crypto- investors in the winter Bitcoin (BTC) created an investment vehicle that will help its mining infrastructure take advantage of its low prices.

Offering new investment opportunity “Grayscale Digital Infrastructure Opportunities (GDIO) “ Bitcoin mining It focuses on hardware and aims to take advantage of the declines in cryptocurrency prices.

Operates Foundry USA, one of the largest mining pools for Grayscale new investment vehicle foundry partnered with. Foundry will oversee the day-to-day operations of GDIO, a first-of-its-kind new investment vehicle for Grayscale.

Grayscale said in a statement. BTC He said that the product, which focuses on mining, is designed to capture the good side of the crypto winter.

Stating that the new product GDIO will be open to eligible individual and institutional accredited investors, Grayscale stated that GDIO will use the invested capital to purchase mining equipment.

“GDIO will then use this purchased equipment to mine Bitcoin, sell Bitcoin daily.

Because while many people can invest in Bitcoin and other cryptocurrencies, it is significantly difficult for investors to procure, store and operate mining equipment to produce Bitcoin.”

Grayscale executive director Rayhaneh Sharif-Askarystated that as a company, they predict that some miners will have to liquidate their mining equipment in the coming months. “GDIO is positioned to provide liquidity to these miners, buy mining equipment at distressed prices, and mine profitably as the Bitcoin price recovers.” said.

Grayscale CEO Michael Sonnenshein In his statement, he said:

“Grayscale’s unique position at the heart of the crypto ecosystem allows us to create offerings that allow investors to run capital in different market cycles.

Our team has long been committed to removing the barrier to investing in the crypto ecosystem through direct cryptocurrency exposure, diversified products and now GDIO.”

Foundry CEO Michael Colyer stated that the bear market is an excellent opportunity to build and bring projects to life. “We are excited to partner with Grayscale to expand its ability to invest in Bitcoin mining at this opportune time.” said.