As the online asset company looks for new ways to increase its revenue, DCG has started a venture mining business.  ,
Fortitude, launched Wednesday, did mine Bitcoin in addition to pursuing a “venture mine” business concept.  ,
Under that strategy, the operation will identify and mine “high-growth digital assets in emerging proof-of-work ] ecosystems with attractive return profiles”, Fortitude Mining CEO Andrea Childs told .  ,
” We’re not Bitcoin maximalists…but we’re return maximalists”, Childs said. We examine the entire proof of work ecology to determine where we’re going to maximize our mine investment’s return, and that’s where we’re focused.
Baby’s stated that the company has” cast a broad internet across the proof-of-work ecosystem,” but Childs did not specify which tokens Fortitude did mine besides Bitcoin.
According to an emailed speech on Wednesday, Fortitude will use its existing facilities and funding to expand its operations. In the coming months of this year, the mining operation intends to spend its money flows into fresh machine purchases and site acquisitions.  ,
Fortitude is a wholly-owned DCG company created as a result of Foundry, a digital property infrastructure company founded in 2019, from the self-mining division of the company.
As the price of the token hovers around the$ 100, 000 mark, which is significantly higher than the typical cost of mine per Bitcoin, mining operations are making sizable revenue in 2025.  ,
The average price of mine is about in the$ 26, 000-$ 28, 000 collection per Bitcoin for most users, reported, citing a research report published last week by economic firm Canaccord Genuity. Meanwhile, Bitcoin is trading at$ 104, 000, CoinGecko data shows.  ,
Potential income from Bitcoin and its opportunity mining operations was benefit Fortitude’s family company, DCG, which is dealing with financial difficulties brought on by a number of new lawsuits brought against it and its companies.  ,  ,
DCG settled a lawsuit brought against it by the Securities and Exchange Commission for$ 38 million earlier this month. In addition, its subsidiary Genesis, according to a statement from New York prosecutors, settled with the New York Attorney General for$ 2 billion last year.  ,
A DCG member earlier this month denied the Securities Commissioner’s allegations that the settlement “allows]DCG to concentrate on our development initiatives and continue to embrace the good momentum in the industry.”
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