(SPV) Special Purpose Vehicle Offering

Launch A Fund for Bitcoin Mining

MasterMined helps GPs, RIAs, and family offices launch digital asset infrastructure funds without having to run a mine or datacenter. We structure the SPV or fund, operate the machines, and deliver institutional-grade reporting, while you focus on LP relationships and strategy

Launch Your Fund

Why Bitcoin Mining & AI Infrastructure

Infrastructure That Mints The Asset

Instead of buying digital assets at market price, your LPs own the infrastructure that mints them. Mining and AI compute convert power and hardware into cash flow, giving you cost-of-production Bitcoin and real assets on the balance sheet.

That means clearer unit economics, better downside protection than spot-only exposure, and a repeatable, cycle-aware strategy you can raise a fund around.

For your LPs, that translates into:

Real assets + yield

Hard infrastructure producing BTC or compute revenue, not just paper exposure.

Cycle-timed upside

Ability to enter near the cost of production and exit as demand and pricing spike.

Tax and reporting alignment

Depreciation and income that can flow through a K-1 into existing LP tax planning.

The Gap In The Market

Despite mining’s advantages, most allocators still default to buying Bitcoin or Bitcoin ETFs, public mining stocks, cloud-mining contracts, or generic digital asset and infrastructure funds.

Yet in our modeling, direct machine ownership has historically outperformed both spot Bitcoin and public miners, while also unlocking tax benefits and better control over cycle timing.

Buying BTC Or Bitcoin ETFs.

LPs ride full price volatility with no yield, no depreciation, and no machine upside. Even though they’re “pure” Bitcoin exposure, modeled direct mining programs have outperformed simple spot and ETF purchases, because they enter closer to cost of production and benefit from hardware appreciation in bull cycles.

Cloud Mining Is Opaque

Retail-style contracts with unclear power costs, fees, and uptime. LPs don’t own hardware, power agreements, or residual value, so it’s almost impossible to verify whether outcomes are tracking true mining performance or capturing the same upside as owning machines directly.

Traditional Funds Mistime The Cycle

Long-only digital asset or generic infrastructure funds buy exposure at market prices and hold through cycles. They rarely enter at cost of production or plan exits around the mining cycle, so they tend to underperform GP programs that own miners directly and time entries/exits against the mining cycle.

Public Miners Are Diluted

Corporate overhead, equity dilution, treasury decisions, and hedging all sit on top of hashprice. Over full cycles, public miners have tended to lag direct mining economics, while keeping similar Bitcoin drawdown risk and adding company-specific risk on top.

DIY Mining Is Operationally Heavy

Standing up your own mine or AI datacenter means negotiating power, building sites, hiring operators, and managing hardware, firmware, and treasury. You may match direct mining upside, but you’re now in the infrastructure business, not just running a fund.

The Opportunity Exists, But the Right GP-Led Vehicle Was Missing

The MasterMined Advantages

What your LPs get when you wrap digital asset infrastructure in a GP-led MasterMined vehicle

Direct Ownership

Your SPV or fund owns both the mining and AI infrastructure and the Bitcoin it produces. LPs own interests in the vehicle with clear rights to the underlying infrastructure and digital assets, not just a ticker

Cash Flow + Dividends

Mining revenue becomes programmable cash flow. You choose whether yield is distributed to LPs in Bitcoin or fiat, partly reinvested, or reserved for future hardware refreshes, according to your mandate

Institutional Grade Reporting

Structures are built so depreciation and income can flow through on a K 1 with LP level clarity. MasterMined provides fund level and asset level reporting that fits into existing LP back office workflows, investment committee materials, and auditor reviews.

Liquidity Options

You can sell or redeploy portions of the fleet, refinance equipment, or wind down the program as conditions change. MasterMined supports secondary sales and other options so GPs can manage duration and liquidity for their LPs instead of being locked into a single path.

Downside Protection

Even if Bitcoin pulls back, the infrastructure continues to generate revenue and the machines retain resale value. Diversified hosting, power, and hardware profiles help manage risk across the cycle.

Why Now

Capital has already moved into Bitcoin and digital assets. Most of that capital sits in spot purchases, ETFs, or public miners, which all buy exposure at market price and do not unlock depreciation or machine economics for LPs.

In our modeling, programs that own mining infrastructure at cost of production have outperformed simply buying Bitcoin over a recent five year window, while also creating the potential for bonus depreciation and more predictable cash flow for allocators.

Very few GP led vehicles offer that profile today. This creates a timing window for GPs who can bring LPs a clear, infrastructure based strategy before cost of production access becomes crowded and fully priced into the market.

Market Opportunity

The global Bitcoin mining market is on the order of thirty billion dollars, with an estimated five billion in private mining and around one billion in machine resale, yet most LPs only touch this ecosystem through public companies or exchange traded products.
At the same time, there has been almost no one packaging machines, power, reporting, and flexible exits into simple, GP led vehicles that are friendly to investment committees and CPAs. The result is a large pool of capital that wants infrastructure exposure but does not yet have a manager or structure it trusts.

MasterMined gives GPs a path to fill that gap with:

Institutional grade infrastructure and operations built on more than three hundred megawatts deployed to date.
Direct access to wholesale machines, power, and sites that are normally reserved for operators.
A repeatable structure GPs can use to raise multiple digital asset infrastructure vehicles over time, each tailored to a specific LP base and mandate.

our TEAM

This Isn't Theory.
We've Done it Before And We're Doing It Again

Built by operators and energy specialists who’ve deployed over 300MW of Bitcoin mining and digital asset infrastructure, with deep relationships across hardware, power, and institutional partners.

Founder & CEO

Andrew Scott Easton

Serial operator and founder. Former mining COO. Ex-Northrop Grumman, EY Strategy, USC MBA Professor, Chief of Staff to CEOs, strategy consultant at Microsoft, Dole, Walmart, WBD.