GoMining Launches $100M Fund for Bitcoin Mining — BTC Set to Hit $90K?

GoMining has launched its new division, with the introduction of the $100 million Alpha Blocks Fund. This new institutional division aims to provide professional investors with a strategic exposure to Bitcoin mining. Announced on April 1, 2025, this fund is designed to make access to mining infrastructure simple, allowing institutions to benefit from mining-backed yield without worrying about operations. GoMining has also previously distributed over 4,000 Bitcoin (BTC) to its 3 million+ user base.

Multiple Strategies in Place, BitGo to Overlook The Fund

The Alpha Blocks Fund will utilize two investment strategies: one that focuses on stable Bitcoin rewards and reinvestment, and the other, an advanced strategy that integrates token utility and staking for additional returns. Investors can choose to receive their annual share of the distribution in either Bitcoin or U.S. dollars. The assets used by the fund will be custodied by BitGo, a regulated custodian known for serving institutions.  This will also ensure proper compliance with the regulatory frameworks. 

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

GoMining Plans to Integrate Traditional Finance and Crypto Mining

GoMining Institutional has also planned to expand its offerings later in 2025 with a tokenized fixed-yield fund aims at decentralized finance and tokenized debt products supported by Bitcoin or stablecoins like Tether (USDT) or USD Coin (USDC). This move marks a significant change in how traditional capital and cryptocurrency mining are integrated.

The Alpha Block Fund is likely to help increase institutional interest in Bitcoin, which can lead to some interesting stirrups in the market prices. This, in turn, will increase the demand for the coin as more large-scale investors seek direct exposure to Bitcoin mining. This increase in interest may improve the overall growth trajectory of Bitcoin. Given that, let’s take a look at the latest Bitcoin price analysis to see how Bitcoin is reacting to this. BTC price prediction for today at the end!

BTC Price Analysis: BTC Makes Quick Gains, Slight Correction Due

BTC started this month around the $82,500 mark, working in a stable uptrend from March 31. The uptrend went on to take BTC to $82,950 by 6:00 UTC. At 6:30, a golden cross was seen, and Bitcoin veered upward, reaching $84,460 by 10:00 UTC. However, overbought conditions were observed on the RSI as BTC climbed, and a trend reversal was predicted. Bitcoin eventually fell, going on a downtrend, thanks to the 9:40 death cross. The death cross widened later on, as Bitcoin dipped to $82,716.

Chart 1 – Published on Tradingview, April 2, 2025

Right after at 14:35, a big golden cross formed as Bitcoin spiked up, going to $85,346 within an hour. However, the $85,500 level offered stern resistance as Bitcoin turned downward to find support at $84,744, thanks to the overbought RSI. This support allowed Bitcoin to fluctuate and eventually go on to test the resistance. But despite multiple attempts, the BTC price was not able to break through and eventually slid below. As selling pressure began to take control, Bitcoin formed a stable downtrend, eventually finding support at $83,990.  

BTC Price Prediction: Bitcoin Faces Correction After Upturn

With institutional interest pouring in from all directions, Bitcoin looks poised in the long run. However, in the short term, BTC price analysis shows the coin facing the brunt of the recent market volatility. For now, Bitcoin seems to be losing the buying trend, as we get to see a correction today. Failure to break the $85,500 resistance has instigated a strong uptrend. However, the RSI is oversold, which means that the trend will reverse soon. But depending on how strong this upturn is, Bitcoin may or may not continue the downtrend.