Digital Currency Group (DCG) has announced the creation of Fortitude Mining, a new subsidiary focused on cryptocurrency mining. This move signals DCG’s intention to provide institutional investors with exposure to a diversified portfolio of mined crypto assets.

Digital Currency Group (DCG) is spinning off the self-mining unit of its Foundry subsidiary into a separate business called Fortitude Mining that will mine crypto across a range of digital assets, the company said Wednesday.

Digital Currency Group (DCG) has spun off its crypto mining operations into a new standalone subsidiary, Fortitude Mining, to offer institutional exposure to a pool of mined digital assets.

The crypto conglomerate Digital Currency Group, headed by billionaire Bitcoin. “So many miners in the space are what we call Bitcoin maximalists,” she said. “We look across the entire proof-of-work ecosystem to say what’s going to give us the largest return.

Digital Currency Group, a crypto conglomerate that ran into trouble during the 2022 crypto-market meltdown, has launched a new business focused on mining cryptocurrencies. Dubbed Fortitude Mining, the