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Crypto Infrastructure Firm Blockstream Raises $125M for Bitcoin Mining

The company will use the funds to expand its bitcoin mining facilities amid strong demand for hosting.

Updated May 9, 2023, 4:06 a.m. Published Jan 24, 2023, 9:02 p.m.
Blockstream founder Adam Back, right, with entrepreneur Kurt Kumar at Construct 2017. (CoinDesk archives)
Blockstream founder Adam Back, right, with entrepreneur Kurt Kumar at Construct 2017. (CoinDesk archives)