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Grayscale announces new arm to invest in Bitcoin mining hardware

The company said the new entity will be available to individuals and institutional accredited investors at a minimum investment of $25,000. The funding is expected to be completed before the end of this year and will offer liquidity similar to private equity or infrastructure assets that have a three-to-five-year investment horizon, as Bloomberg reports. Investors who are considered accredited must meet certain criteria regarding their income, net worth, qualifications and knowledge of financial markets.

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Source: Cryptocurrency - investing.com

‘Billions of dollars get left behind’: The 401(k) industry now has a ‘lost and found’ for your old retirement accounts

Friday’s jobs report could be a case where good news isn’t really good