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Cryptocurrencies: 26526
Markets: 104201
Market Cap: $3,285,901,459,706     
24h Vol: $103,390,962,697
Bitcoinist 2023-01-25 18:15:55

Adam Back-Led Blockstream Raises $125 Million To Expand Operations

Adam Back-Led Blockstream Raises $125 Million To Expand Operations
Blockchain infrastructure firm Blockstream and its founder Adam Back, have raised $125 million to increase its Bitcoin (BTC) mining capacity. Related Reading: Saudi Central Bank To Experiment With CBDC The firm raised the capital in a convertible note, a form of short-term debt led by Kingsway Capital. Cohen & Company Capital Markets, a division of
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