CandleFocus Blockstream Closes $210,000,000 in Funding To Accelerate Development ‘Ahead of Next Bitcoin Cycle’
2024-10-16
Author: Content Editor
Bitcoin infrastructure firm Blockstream has raised $210 million in funding, led by Fulgur Ventures. The funds will be used to accelerate layer-2 developments, expand BTC mining operations, and grow their BTC treasuries. Blockstream aims to bridge Bitcoin with broader finance and has appointed Michael Minkevich as COO. The funding round is seen as a crucial step towards connecting Bitcoin with the wider financial sector.
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