Grayscale Launches a Structure for Investing in Crypto Miners

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Digital asset manager Grayscale Investments has recently launched a joint investment product for crypto mining equipment amid the crypto winter.

The structure is managed by the Grayscale Digital Infrastructure Opportunities (GDIO) division, which has been specially created for it.

The solution has been implemented jointly with the affiliated mining company Foundry. Both companies are subsidiaries of Barry Silbert’s Digital Currency Group.

Grayscale expects the bear cycle in the crypto industry will open up opportunities to buy crypto mining equipment “at significantly reduced prices.”

Foundry, which manages the largest BTC mining pool, will provide operational management of the new structure.