Digital Currency Group Invests In Bitcoin Mining Venture

Foundry (Courtesy: DCGco/Twitter)
Foundry (Courtesy: DCGco/Twitter)

Digital Currency Group (DCH) on Thursday announced its investment into Bitcoin mining via Twitter. “After years of careful observation and consideration, we’ve made our first foray into bitcoin mining and staking. Please join us in welcoming our 4th subsidiary,” the company announced on their official Twitter handle.

As per the official website, Foundry was created to meet the institutional demand for better capital access, efficiency, and transparency in the digital currency mining and staking industry.

Foundry will help to tap in unparalleled institutional expertise, capital, and market intelligence to provide North American bitcoin miners and global manufacturers with the resources to build, maintain, and secure decentralized networks.

Furthermore, Foundry will empower miners with the tools they need to build tomorrow’s decentralized infrastructure.

The project will be protocol-agnostic and will seek to support like-minded blockchain entrepreneurs in their mission to advance the industry.