Fortitude Expands Zcash Mining Push With Up to $100M Equipment Commitment

This is a bet on Zcash specifically rather than proof-of-work mining broadly, and it is being funded through a DCG-linked financing structure rather than open capital markets. The BITMAIN priority access matters more than the headline dollar figure, since Zcash ASIC supply has historically been thin and early allocation can determine unit economics for a whole generation of hardware. The open question is whether this is a single-operator conviction play or the start of a wider capital rotation into privacy-focused chains.