Fortitude Acquires 12.5MW Zcash Mining Facility for $6.25M

Digital Currency Group subsidiary Fortitude finalizes purchase of Nebraska infrastructure using cash reserves, resulting in $4.7M net liquidity adjustment.

Woofun AI reports that Fortitude, a Zcash mining entity under Digital Currency Group, finalized the acquisition of a 12.5-megawatt digital infrastructure facility in Prosper, Nebraska. The transaction was funded entirely through internal cash reserves at a total cost of $6.25 million. Following the deduction of escrow deposits and proceeds from mining equipment sales, the company’s net additional cash on hand stood at approximately $4.7 million upon completion.