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Are you an ultra wealthy person looking to get into bitcoin mining but don’t want to get your hands dirty or risk upsetting any regulators too much? Now you have a solution. Genesis Mining, a cloud mining provider, announced the launch of the world’s first bitcoin mining fund registered with the U.S. Securities and Exchange Commission (SEC).
The fund, which officially filed Form D with the SEC last week, will be called Logos Fund and will cater exclusively to high net worth individuals, investment funds, and accredited investors looking to take part in the cryptocurrency ecosystem. Instead of investing directly in mining by purchasing and managing their own hardware, ... (read more)