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Blockstream Preps New Sale of Notes Designed to Profit From Rebounding BTC Mining-Rig Prices

Blockstream's BASIC note is a bitcoin-denominated investment vehicle to accrue gains from the price of ASIC mining equipment, which Blockstream anticipates will rise post-halving.

Updated Dec 13, 2023, 2:00 p.m. Published Dec 13, 2023, 2:00 p.m.
ASIC Miners (Sandali Handagama/CoinDesk)
ASIC Miners (Sandali Handagama/CoinDesk)