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JKL Group is setting up $50M Bitcoin Mining Fund

2022/10/19 11:36

Leveraging the firm’s expertise in both asset management and Bitcoin Mining, JKL Group is set to raise a $50M mining infrastructure fund from family offices, HNWI, and institutional investors active in the digital assets space.
JKL Group is the first APAC headquartered digital asset management firm to set up a US-based Bitcoin mining operation. The launch of JKL’s hosting facility with a starting capacity of 35MW was announced during their appearance at Mining Disrupt conference earlier this year.
At the same time, JKL has witnessed growing interest for Bitcoin mining coming from the firm’s existing clients, who are looking for a way to diversify their digital asset exposure. To satisfy this demand, JKL Group is launching a Bitcoin Infrastructure Fund and bringing Bitcoin mining to institutional investors.
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