We've curated a list of the most popular news articles and tweets on the following trending topic - Blockstream Secures $125M to Fuel Bitcoin Mining Expansion.
Blockstream is deploying more capital toward expanding its hosting services.
Blockstream raised $125m to expand institutional bitcoin mining services; CEO Adam Back vowed to adopt decentralized structures.
The company will use the money to expand its institutional bitcoin mining colocation services.
The company will use the fund to expand its bitcoin mining facilities amid strong demand for hosting.
Bitcoin miners came under significant pressure during the bear market; however, Blockstream said institutional hosting customers were more “resilient.”
Led by Kingsway Capital, Blockstream has raised $125 million for the purpose of expanding their institutional mining services.
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