Blockstream Secures $125 Million in Funding for Bitcoin Mining Operations

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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:…
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