Ego Death Capital Secures $100M War Chest to Fuel Bitcoin Startup Revolution
Bitcoin's ecosystem just got a turbocharged injection. Ego Death Capital—the VC firm that laughs at traditional finance's 'diversification' mantra—has locked down $100 million to exclusively back startups building on Satoshi's creation.
No altcoins. No 'Web3' distractions. Pure orange-pilled conviction.
Why This Matters
While Wall Street hedgies waste cycles on tokenized real estate and AI grifts, this fund doubles down on Bitcoin's unstoppable trajectory. The capital will target infrastructure plays—think layer-2 scaling, custody solutions, and privacy tools that make fiat rails obsolete.
The Punchline
Timing couldn't be sharper. With BlackRock's ETF sucking up coins like a institutional vacuum cleaner, early-stage Bitcoin builders now have deep pockets to compete. Just don't expect any 'responsible token vesting schedules'—these investments will move at mempool speed.
One thing's certain: when the next bear market hits, at least these startups won't be stuck holding bags of some VC's shitcoin exit liquidity.
Ego Death Bets on Bitcoin Startups With Real Revenue
Unlike broader crypto funds chasing token speculation, Ego Death backs startups generating revenue and cash flow, often in BTC itself.
The fund targets companies earning between $1 million and $3 million in revenue, with growth limited more by capital than by market demand.
While the fund primarily focuses on Series A rounds, a small portion is reserved for early-stage seed investments showing strong potential.
Backers of the fund are mainly family offices already invested in bitcoin and looking to support the development of its surrounding ecosystem.
Lechuga said the sector has long lacked a lead investor for Series A rounds, a role Ego Death now aims to fill.
BREAKING: #BITCOIN-ONLY VENTURE FIRM EGO DEATH CAPITAL JUST RAISED $100 MILLION TO INVEST IN STARTUPS
BTC ONLY IS WINNING
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Ego Death’s recent investments include Roxom, a Bitcoin-native exchange; Relai, a savings app; and Breez, a Lightning network-based payments platform.
The firm avoids hardware startups, mining companies, or Bitcoin infrastructure plays, choosing instead to focus strictly on scalable software businesses.
Unlike many crypto-focused firms, Ego Death deliberately avoids exposure to tokens.
Lechuga believes that building sustainable Bitcoin-native businesses can outperform holding the asset alone, especially when startups generate revenue directly in BTC.
“We see Bitcoin as the only decentralized and secure base to be able to build on,” he said.
With the new fund, Ego Death is betting on a more mature, application-driven Bitcoin economy, one powered by real business fundamentals, not speculative hype.
Doubts Grow Over Long-Term Viability of Bitcoin Treasury Strategy
Skepticism around the sustainability of the Bitcoin treasury trend is growing.
Last week, Glassnode lead analyst James Check raised concerns over the longevity of the corporate Bitcoin treasury strategy, arguing the easy gains might already be gone for new entrants as the market matures.
The warning echoes recent comments from Matthew Sigel, head of digital asset research at VanEck, who has voiced concerns over the Bitcoin treasury strategies adopted by some publicly traded firms.
Sigel singled out the use of at-the-market (ATM) share issuance programs, arguing that these can become dilutive if a company’s stock price nears its Bitcoin net asset value (NAV).
Meanwhile, New York law firm Pomerantz LLP has filed a class action lawsuit against Michael Saylor’s Strategy, accusing the Bitcoin-focused firm of misleading investors about the profitability and risks of its crypto investment strategy.
