Answer
Jun 30, 2022 - 08:26 AM
Generally speaking, you can invest in Bitcoin and a Bitcoin Miner with a Self Directed IRA with Checkbook Control. However, all expenses related to the miner including electricity should be paid with the LLC funds.
Madison Trust is a passive custodian and therefore, does not give legal, tax, or financial advice. Please consult with your tax advisor before making any investment decisions.
If you have any questions about the Self Directed IRA with Checkbook control, please call us or schedule a call with one of our IRA Specialists.