Bitfury announces institutional investor program for mining farms

Bitfury has announced the launch of an institutional investor program that offers exposure to bitcoin by way of the mining company's data centers.

The program touts "bespoke" investment vehicles, including direct investment and indirect opportunities with funds and private equity, among other modes.

The data centers themselves reside in Canada, Norway, Iceland and Central Asia. The firm secured a lower energy cost in North America and Europe at $0.03 per kWh or lower, which the firm said is lower than most other sites globally. Bitfury itself oversees the management of the sites.

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