Crypto Infrastructure Agency Blockstream Raises $125M for Bitcoin Mining

“This fundraise permits us to speed up the [year-over-year] income development we created with our 2021 Collection B and proceed to construct infrastructure for the long run Bitcoin financial system,” mentioned Blockstream President and Chief Monetary Officer Erik Svenson. “We stay centered on decreasing danger for institutional bitcoin miners and enabling enterprise customers to construct high-value use instances on probably the most safe, sturdy and scalable blockchain on the planet – Bitcoin,” he added.

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