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DCG’s Foundry buys digital real estate as asset mining markets shift

Acquisition sees the group add a couple of digital infrastructure locations as well as intellectual property and copyrights on different platforms.

By João Marques Lima

Founder and Editor, The Tech Capital

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November 28, 2022 | 12:13 AM GMT

DCG’s Foundry buys digital real estate as asset mining markets shift

Mike Colyer, CEO of Foundry. Source: Foundry

The Tech Capital

Digital Currency Group’s (DCG) subsidiary Foundry Digital LLC has entered into an asset purchase agreement to acquire two turnkey cryptocurrency mining facilities and other assets, and an option to acquire a third facility that is under development, from computing infrastructure company Compute North.

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João Marques Lima

Founder and Editor, The Tech Capital

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