Blockstream Raises $210 Million, Now Valued At $3.2 Billion
Bitcoin infrastructure firm Blockstream is now valued at $3.2 billion after a $210 million Series B raise.Bitcoin infrastructure firm Blockstream has announced a $210 million Series B financing round led by investment management company Baillie Gifford and iFinex. The raise now puts the company at a $3.2 billion valuation, says a press release sent to Bitcoin Magazine. Some of the money raised will be spent on advancing Blockstream’s bitcoin mining products and services like Blockstream Energy. The new mining infrastructure they are building is planned to be used in many partnerships such....
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