Blockstream Secures $125 Million in Funding for Bitcoin Mining Operations

Digital asset infrastructure firm Blockstream has secured $125 million in funding aimed at expanding its bitcoin mining facilities. Blockstream has received the funding in convertible note and secured loan financing, the company announced in a Tuesday press release, adding that it plans to use the money to expand its mining facilities amid increasing demand for large-scale hosting services. The statement read:... Read More: Blockstream Secures $125 Million in Funding for Bitcoin Mining Operations