{"id":60573,"date":"2022-04-25T11:58:38","date_gmt":"2022-04-25T08:58:38","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=60573"},"modified":"2025-09-05T04:07:55","modified_gmt":"2025-09-05T01:07:55","slug":"skybridge-capital-to-launch-mining-focused-fund","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/skybridge-capital-to-launch-mining-focused-fund\/","title":{"rendered":"SkyBridge Capital to launch mining-focused fund"},"content":{"rendered":"<p>SkyBridge Capital has filed with the <span data-descr=\"Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> to launch a fund that will invest in a business linked to cryptocurrency mining.<\/p>\n<p>SkyBridge BTC Mining has raised $7.04 million.<\/p>\n<p>The structure will be in the form of a limited partnership. Its participants will commit funds to co-finance the acquisition of mining equipment for Genesis Digital Assets, according to sources <a href=\"https:\/\/www.coindesk.com\/business\/2022\/04\/22\/scaramuccis-skybridge-starts-investment-vehicle-for-bitcoin-mining\">CoinDesk<\/a>.<\/p>\n<p>In September 2021, SkyBridge Capital participated in the firm&#8217;s $431 million investment round.<\/p>\n<p>Shares of mining companies are included among the assets of the launched SkyBridge Capital products <a href=\"https:\/\/www.ftportfolios.com\/Retail\/Etf\/EtfSummary.aspx?Ticker=CRPT\">SkyBridge Crypto Industry and Digital Economy ETF<\/a> and <a href=\"https:\/\/www.ftportfolios.com\/Retail\/dp\/dpsummary.aspx?fundid=16658\">SkyBridge Digital Innovation<\/a>. This list includes: Core Scientific, Bitfarms, Marathon Digital, Iris Energy, Riot Blockchain, Hut 8 Mining, Cipher Mining, CleanSpark and TeraWulf.<\/p>\n<p>In November 2021, Genesis Digital Assets announced a Bitcoin mining center in western Texas (USA) with a capacity of 300 MW.<\/p>\n<p>Earlier the firm <a href=\"https:\/\/forklog.com\/en\/news\/canaan-to-supply-genesis-digital-assets-with-miners-worth-nearly-93-63-million\">entered into a strategic partnership<\/a> with the Chinese mining equipment manufacturer Canaan.<\/p>\n<p>Subscribe to ForkLog&#8217;s <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener\"> YouTube<\/a> channel!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SkyBridge Capital has filed with the SEC to launch a fund that will invest in a business related to cryptocurrency mining.<\/p>\n","protected":false},"author":1,"featured_media":60574,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,2074],"class_list":["post-60573","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-skybridge-capital"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/60573","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=60573"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/60573\/revisions"}],"predecessor-version":[{"id":60575,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/60573\/revisions\/60575"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/60574"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=60573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=60573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=60573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}