Blockstream raises $125M to finance expanded Bitcoin mining operations

by Aurelia Butler 24 January 2023, 21:40 99 Views

The $125 million raise was financed by convertible note and a secured loan, Blockstream announced on Jan. 24. Venture capital firm Kingsway Capital led the convertible note raise, with additional participation from Fulgur Ventures. Cohen & Cohen Capital Markets, part of J.V.B. Financial Group, advised Blockstream on the deal.

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Source: Cryptocurrency - investing.com

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Blockstream raises $125M to finance expanded Bitcoin mining operations

Stocks making the biggest moves midday: 3M, Paccar, Bed Bath & Beyond, AMD and more

New ‘Celsius token’ may be used to repay creditors: report

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