Blockstream Raises $125 Million For Bitcoin Mining – Bitcoin Magazine

Blockstream Raises $125 Million For Bitcoin Mining – Bitcoin Magazine

January 25, 2023 by secret
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[ad_1] Blockstream has announced they’ve raised $125 million in convertible note and secured loan financing with the aim of expanding their institutional bitcoin mining services. The raise was led by Kingsway Capital along with other investors including Fulgur Ventures. According to the announcement, Blockstream will use the capital raised to expand their bitcoin mining facilities