Grayscale will cooperate with Foundry to launch the mining entity GDIO, planning to purchase mining equipment and conduct Bitcoin mining

According to CoinDesk, Grayscale (Grayscale) is launching the mining entity Grayscale Digital Infrastructure Opportunities (GDIO), which aims to help investors seize the low-cost opportunity of Bitcoin mining infrastructure in the ongoing cryptocurrency winter. It is working with Foundry, a digital asset mining and staking infrastructure company also under DCG, which will be responsible for the day-to-day management and operation of the new entity. GDIO will use the investment capital to purchase mining equipment, betting that the mining equipment will be sold at a discount in the coming months, GDIO will deploy this equipment to mine bitcoins and sell bitcoins on a daily basis, thereby distributing the cash generated to investors to generate income. According to reports, GDIO will be open to "qualified" individual and institutional investors.