$5.3B hedge fund expands Bitcoin mining investment with US-based Core Scientific

posted 4 months ago
Core Scientific announced yesterday that the hedge fund and investment manager Horizon Kinetics increased its partnership with the U.S. based blockchain hosting provider. Horizon upgraded its cryptocurrency service, hosted by Core Scientific, to Bitmain Antminer S19 and S19 Pro models.

Horizon Kinetics has approximately $5.3 billion in assets under management. Core Scientific stated in their press release that during the last year, Horizon Kinetics had tripled the number of miners it hosts with Core Scientific.
Tags: bitcoin, blockchain, news