Digital Currency Group (DCG) is separating its Foundry subsidiary’s self-mining division into an independent entity named Fortitude Mining. This new venture will focus on mining a variety of digital assets beyond just bitcoin, particularly emphasizing high-yield tokens.

Key Points:

• Fortitude Mining emerges as a new subsidiary of DCG.
• Focus will be on venture mining and exploring various proof-of-work protocols.
• DCG seeks strategic partners for potential investments in Fortitude Mining.

“Establishing Fortitude Mining allows for enhanced growth prospects, such as raising funds and attracting top talent,” stated Barry Silbert, founder and CEO of DCG.

Fortitude Mining aims to reinvest its revenue into acquiring new hardware and locations in 2025. The company claims its mining operations are currently optimized for efficiency.