Genesis Mining Launches First Bitcoin Mining Fund

Genesis Mining Launches First Bitcoin Mining Fund

Genesis Mining, which provides computer equipment to create bitcoins in the cloud, has launched the world’s first fund that invests in hardware used to create the digital currency, according to Reuters. The company said it registered the fund, called the Logos Fund, with the Securities and Exchange Commission and will invest $ 1 million in it. The fund will issue “pooled investment fund interests” to investors in an offering expected to last more than a year. Marco Streng, co-founder and CEO, said investors have expressed an interest in putting in $100 million. The minimum investment for....


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