DCG To Split Foundry Digital Mining Into Two Entities: Report

Quick Summary:

Crypto venture capital firm Digital Currency Group (DCG) has decided to split its Foundry mining business into two separate entities.

According to a report from Blockspace, this restructuring was unveiled in a private DCG shareholder letter shared with key stakeholders.

The new entities include Fortitude Mining and Foundry.

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Article Details

Author / Journalist: Godfrey Benjamin

Category: Crypto

Markets: India

Topics: Digital Currency Group 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 18:32:51 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 362 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 24359476

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 20 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

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Publisher ID: #59

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