CoinShares broadens WGMI mandate to target bitcoin miners shifting into AI compute and digital power infrastructure
WGMI•WGMI mandate broadened to digital power and AI compute
CoinShares renamed WGMI to CoinShares Bitcoin Mining and Digital Power ETF, repositioning it to target the build-out of power and compute infrastructure.
The strategy broadens the investable universe beyond miners to include digital-infrastructure operators tied to AI and high-performance computing demand.
The fund will invest at least 80% of net assets in “Bitcoin Mining and Digital Power Companies” under the updated prospectus definition.
The mandate continues to avoid direct bitcoin exposure, including via derivatives or funds or trusts that hold bitcoin.
Managers aim to offer one ticker for mining-linked equities with AI infrastructure exposure, reflecting miners’ shift toward hosting compute workloads.
