Scaramucci’s SkyBridge Starts Fund for Bitcoin Mining

A filing reveals a new fund with $7 million already booked. It was created for a second investment into bitcoin miner Genesis Digital, a source tells CoinDesk.

SkyBridge Capital, the investment firm founded by financier and former Donald Trump aide Anthony Scaramucci, started a new investment vehicle, to invest in bitcoin mining, according to a U.S. Securities and Exchange Commission (SEC) filing.

The investment vehicle, which is called SkyBridge BTC Mining L.P., raised about $7 million, according to the filing.

SkyBridge created the fund for selected limited partners to co-invest in privately held, industrial-scale bitcoin miner Genesis Digital Assets, according to a source familiar with the deal.

Previously the hedge fund was part of Genesis’ $431 million capital raise last year, making this the second time for SkyBridge investing in the mining company.

Read this article on CoinDesk

Trading Signals

Get Free Daily Trading insight

Follow US:

StocksJar Is A Comprehensive Investing Tool And Social Trading Network For Private Investors And Day Traders To Help Them To Gain An Advantage Before Trading.

this website uses cookies

We use cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies please read our cookies policy.