Galaxy enters Bitcoin mining, launches financial services unit for miners

Cointelegraph

Published Jan 15, 2021 03:52AM ET

Updated Jan 15, 2021 06:20AM ET

Galaxy Digital — the financial services and cryptocurrency investment management firm founded by Mike Novogratz — has set its sights on establishing a footing in the Bitcoin (BTC) mining sector.

After a year of increasingly diversifying its products and activities, the company has announced two new forays into the Bitcoin mining sector for 2021. The first project will be a new business unit that Galaxy describes as "a one-stop financial services platform for miners."

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