Digital Currency Group (DCG) has spun off a new cryptocurrency mining subsidiary. According to an announcement on the X social media platform on January 29, Fortitude Mining has become DCG's independent mining business. Previously, the mining business was part of Foundry, a decentralized mining and staking service. Financial details of the acquisition have not been announced.
Andrea Childs is listed as CEO on Fortitude Mining's website. Childs joined Foundry in 2020 and has since led the new DCG subsidiary.
DCG has spun off its new cryptocurrency mining subsidiary, Fortitude Mining.
2025-01-29 22:55:45
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