Bitcoin investment fund Bitcoin Capital has raised more than $1 million on the equity crowdfunding platform Bnk To The Future, SiliconANGLE reports. At the time of writing, almost 600 investors have bought in, with three days to go until the end of the fundraiser. Fifty percent equity will be split between the investors.Bitcoin Capital, a high-risk, high-return fund, is run by renowned financial journalist Max Keiser and Simon Dixon, co-founder of Bnk To The Future, an online investment website for crowdfunding small businesses mainly focused on financial innovation. The fund, open to qualified investors who want to speculate on the growth of the cryptocurrency sector, offers a spread of investments covering startups, bitcoin mining and cryptocurrency trading. Each of the three investment lines will have one-third of the fund invested into it.

“Max Keiser has a consistent record of presciently and profitably identifying big trends. He was one of the few media personalities to devote significant coverage to us early Bitcoin evangelists. Watching his new fund’s performance will be very interesting,” said early bitcoin investor and Host of the Bitcoin Knowledge Podcast Trace Mayer.

“Bitcoin Capital is a Cayman Islands tax efficient investment fund for professional investors who want exposure to the growth of Crypto Currencies like Bitcoin and Blockchain technology,” states the Bitcoin Capital website. “One-third of the fund invests in companies in the Crypto Currency and Blockchain sector. For earlier stage startups we have created a completely new model for finding deals to invest in. The startup must first raise finance through CrowdFunding on StartJOIN.com, qualify for Equity CrowdFunding on BnkToTheFuture.com and reach at least 50 of their funding goal from investors before they qualify for Bitcoin Capital to explore investing. They have to prove their traction with the crowd before we explore the Investment proposition.”Besides seed funding to blockchain startups, Bitcoin Capital invests one-third of all funds in mining, which is used exclusively to pay daily dividends to investors (in bitcoin) for as long as the mining process is profitable. The remaining third of the fund is invested in cryptocurrencies and digital tokens.

“We invest in longer term growth coins where we believe in the story rather than short term coin speculation,” notes the website.“At the same time as investors benefiting from any growth of the sector, we are able to offer investors daily dividend determined by the mining process,” said Dixon. “We are able to do all the geeky things like running mining rigs in Iceland and buying coins on exchanges that investors who are new to the sector are unable to do. Thanks to our experience and involvement in the sector from very early on we are able to combine these new models of finance together.”

Keiser hosts Keiser Report, a financial program broadcast on Russian state media channel RT, a weekly show about finance and markets on London’s Resonance FM, and writes for The Huffington Post. An outspoken Bitcoin activist, Keiser stated in an interview that he would base the entire economy on the digital currency.“I have been critical of the traditional financial system for many years on my show,” said Keiser. “I was the first global news outlet to cover bitcoin when it was trading at $3, recognizing its potential to change the world. Many startups in the Bitcoin space credit Keiser Report for getting them started in the business. Bitcoin Capital allows the founders and investors to experiment with new crypto financial business models and currencies to transform global finance.”