Blockstream raises $16M in just hours for its Bitcoin mining STO

Blockstream allows investors to mine Bitcoin simply by purchasing the Blockstream Mining Note security token.
Blockstream, a major blockchain technology company, has completed six tranches in its Bitcoin (BTC), mining security token offering (STO). The company announced that it raised 13.9 million euros ($16.1million) in the sixth tranche. This raise marks increasing interest from institutional and individual investors. Blockstream announced Thursday that it raised more than 122 million euros in the sixth tranche of its Bitcoin mining security token offering (STO). This gives non-US qualified investors an alternative to investing in Bitcoin mining stocks or mining Bitcoin using the associated hashrate of BMN. Blockstream is preparing to list its BMN security token on Bitfinex Securities. This new STO platform, Bitfinex cryptocurrency exchange, is regulated in Kazakhstan’s national financial center, the Astana International Financial Center. As Bitfinex Securities launches, BMN will be one of the first assets to be listed on the new platform.

Relevant news

Leave a Reply