On July 8, according to Axios, Ego Death Capital's second fund completed $100 million in fundraising, focusing on supporting the expansion of companies in the Bitcoin ecosystem.

The fund's typical target companies have annual revenue of between $1.00 million and $3.00 million, but their development is hampered by limited funding. The new fund will primarily focus on Series A funding, helping companies with proven results to scale up, while also reserving a small amount of capital for promising early-stage (seed round) investments.