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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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