Blockstream: Secures $210M Series B Financing
- Blockstream’s mission to create the financial infrastructure of the future build crypto-financial infrastructure based on Bitcoin
- Announce that has raised $210 million as part of Series B financing on a valuation of $3.2 billion
- This new investment will help further our mission of building financial infrastructure on Bitcoin
- The new capital will go towards accelerating our Bitcoin mining efforts and the acquisition of Spondoolies
- Also excited to welcome Baillie Gifford Investment Manager Allen Farrington to Blockstream as a board observer
- He has been active in the Bitcoin community for many years and is also a strong believer in the work
