GoMining Launches $100 Million Bitcoin Mining Fund, Bitcoin Price Volatile

GoMining has introduced a new division with the launch of the $100 million Alpha Blocks Fund, aimed at providing professional investors with strategic exposure to Bitcoin mining. Announced on April 1, 2025, this fund is designed to simplify access to mining infrastructure, allowing institutions to benefit from mining-backed yield without the operational complexities. GoMining has previously distributed over 4,000 Bitcoin (BTC) to its user base of over 3 million.

The Alpha Blocks Fund will employ two investment strategies: one focused on stable Bitcoin rewards and reinvestment, and another advanced strategy that integrates token utility and staking for additional returns. Investors can opt to receive their annual share of the distribution in either Bitcoin or U.S. dollars. The fund's assets will be custodied by BitGo, a regulated custodian known for serving institutions, ensuring compliance with regulatory frameworks.

Fakhul Miah, managing director of GoMining Institutional, highlighted the growing need for structured and secure investment options in the Bitcoin mining sector. Jeremy Dreier, GoMining’s Chief Business Development Officer, noted that this fund combines Bitcoin’s unique value with the stability expected from traditional financial markets.

GoMining Institutional plans to expand its offerings later in 2025 with a tokenized fixed-yield fund aimed at decentralized finance and tokenized debt products supported by Bitcoin or stablecoins like Tether (USDT) or USD Coin (USDC). This move signifies a significant integration of traditional capital and cryptocurrency mining.

The Alpha Blocks Fund is expected to boost institutional interest in Bitcoin, potentially driving market prices higher. This increased demand from large-scale investors seeking direct exposure to Bitcoin mining could enhance the overall growth trajectory of Bitcoin. Analysts predict that Bitcoin could reach $90,000, driven by this institutional interest and the fund's strategic approach to mining.

Bitcoin started the month around the $82,500 mark, maintaining a stable uptrend from March 31. By 6:00 UTC, it reached $82,950, and a golden cross at 6:30 UTC pushed it upward to $84,460 by 10:00 UTC. However, overbought conditions on the RSI led to a trend reversal, causing Bitcoin to fall to $82,716. A subsequent golden cross at 14:35 spiked Bitcoin to $85,346, but resistance at $85,500 caused it to drop to $84,744. Despite multiple attempts, Bitcoin failed to break through the resistance and eventually slid below, finding support at $83,990.

In the short term, Bitcoin faces market volatility, with a correction expected after recent gains. The failure to break the $85,500 resistance has instigated a strong uptrend, but the RSI being oversold suggests an imminent trend reversal. The strength of this upturn will determine whether Bitcoin continues the downtrend or stabilizes.